US economy…

[dasari4kntr]

3 hours ago, andhra_jp said:

Jeff Bezos Says It’s Time to ‘Batten Down the Hatches’ as Economy Cools

“Yep, the probabilities in this economy tell you to batten down the hatches,” Mr. Bezos said in a tweet Tuesday night.  

JPMorgan Chase & Co. Chief Executive Jamie Dimon also said earlier this month he thinks the U.S. is heading for recession in the middle of next year. 

Tesla Inc. Chief Executive Elon Musk said in August he expects the U.S. to have a mild recession.

Amazon went on a hiring spree during the pandemic to keep up with customer demand. But Amazon’s Chief Executive Andy Jassy said the company will be slowing down hiring in the near future. 

Microsoft Corp. laid off more employees this week. Peloton Interactive Inc. said earlier this month it would slash about 500 jobs, roughly 12% of its remaining workforce, marking the company’s fourth round of layoffs this year. 

Facebook owner Meta Platforms Inc. is also cutting back its headcount. Snap Inc. initiated layoffs over the summer. 

Twitter Inc., Netflix Inc. and Uber Technologies Inc. have also been either cutting back on staff, reducing the size of some teams or freezing hiring.

https://www.wsj.com/articles/amazon-jeff-bezos-economy-recession-inflation-batten-down-the-hatches-11666195448?mod=hp_major_pos2#cxrecs_s

average recession time is 8-10 months…historically…

stay strong for those months…

[BommaliNinnodhala]

15 minutes ago, dasari4kntr said:

average recession time is 8-10 months…historically…

stay strong for those months…

8-10 months monthly expenses savings — visa issues worst case packup

[dasari4kntr]

12 minutes ago, BommaliNinnodhala said:

8-10 months monthly expenses savings — visa issues worst case packup

yup…

[RAJ_RAJ]

On 9/20/2022 at 8:09 PM, dasari4kntr said:

Maa manager ee roju lunch and learn session lo..upcoming recession gunchi…heads-up ichhadu…careful ga vundandi ani…😬

Your manager can be POTUS adviser then 

[dasari4kntr]

2 hours ago, RAJ_RAJ said:

Your manager can be POTUS adviser then 

just banking knowledge bro…

typical banker…