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/biz/ - Business & Finance


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50495793 No.50495793 [Reply] [Original]

i hope you are prepared for the biggest recession you have ever seen

>> No.50496078
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50496078

>>50495793

>> No.50496119

They took a 20% haircut in stock value and tapped the brakes accordingly, chill out

>> No.50496138

>>50495793
Good. Techniggers are actually needed unironically, but San Francisco tech has literally poisoned the whole field with the most anti-user bullshit possible.

>> No.50496858

>>50495793

>ford doing because of the cost of switching to ev
>netflix a dumpster fire company losing money

my fingers are crossed that my engineering position (fortune 25) is fine cuz my place just consistently makes money every quarter
>captcha skypsr
no...SKYPISSER NO I HAVE A MORTGAGE

>> No.50496919

He put Tesla there among actual tech like we wouldn’t notice kek

>> No.50497027

>>50496858
ford is offshoring to India to reduce costs, but not all 8000 of its recent layoffs are being replaced by Indians 1 to 1. they're downsizing because they know they're going to sell less cars.

>> No.50497117

>Eng
Meanwhile data is about to have a bull run, it is the season of the analyst. We are going to make it R bros

>> No.50497436

>>50495793
I’m hoping to get laid off. It will be a blessing in disguise. The universe works in mysterious ways and if it happens I’ll take it as sign from the gods.

>> No.50497915

>>50497117
I unirocnally love R, nobody else in my team uses it tho

>> No.50497994

https://ripple.com/careers/all-jobs/
Amazing how a shit coin company being sued by the sec has so many job openings during a recession.

>> No.50498001

>>50497117
>>50497915
>be you, lowly data "Scientist"
>spent 45 mins getting data out of the nightmare excel sheet that the chad engineer sent you so you can use R
>then have to export the data back into excel so the clueless PMs can read it
Meanwhile
>be me
>need to do some analytics
>don't bother sending it to useless data scientist, takes too long, just make the excel sheet even more horrible doing random math everywhere and hand inputting cells with no traceability
>send it straight to PM as is
>now we can layoff these useless R guys and give me another raise

>> No.50498101

during the coof, I got permanent remote work and moved to a state with no income tax and low cost of living. If they fire me (they contractually can not revoke my wfh), I will only take a remote job, if no takers, I will consult and freelance. The puts I bought last year are in the money and sluts are free.

I'm good

>> No.50498111

>>50495793
It won’t be as big of a tech recession as post-Y2K was.
Bootstraps, zoomer, bootstraps.

>> No.50498175
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50498175

>>50495793

>> No.50498368

>>50495793
I work for a major pharma company. At the start of the year it weak salary increases that were bothering people, but they said the outlook was just one weak year on the market and all green from there. Now, there's a hiring freeze on most sectors outside of R&D and execs won't make any comment suggesting cost of living adjustments going forward. By EOY I'm expecting worse.

>> No.50498375
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50498375

>>50495793
>a bunch of overvalued companies are going under and the good companies are slowing down hiring
>the biggest recession you have ever seen

>> No.50498382

>>50495793
every normie and their dog is calling for muh recession everything will crash

>> No.50498408

>>50498382
With no survivors?

>> No.50499025

>>50498001
based

>> No.50499207

>>50495793
in today's world, this is v. bullish for tech stocks

>> No.50499269

>>50498001
Doesn't automate it, manual edits
Like a fucking monkey.