Jump to content

Anyone asks where is recession


Netflixmovieguz

Recommended Posts

13 minutes ago, veerigadu said:

All tech nooo. Is it a tech bubble then?

 

10 minutes ago, Netflixmovieguz said:

 

Tech companies hired toooo many with tooooo high pay during the pandemic. Got to cut down on it at some point. 

  • Upvote 2
Link to comment
Share on other sites

8 hours ago, veerigadu said:

All tech nooo. Is it a tech bubble then?

Covid time lo everyone moved their monies to tech coz of no other positive options. Now it is going through a major correction like the housing market ! 
Stimulus package money also helped tech hirings ! 

Link to comment
Share on other sites

7 hours ago, AndhraneedSCS said:

The so called FAANG over hired and created a mess. They are fixing their mess. Please don't call it a recession yet.

 

20 minutes ago, quickgun_murugun said:

Covid time lo everyone moved their monies to tech coz of no other positive options. Now it is going through a major correction like the housing market ! 
Stimulus package money also helped tech hirings ! 

 

Link to comment
Share on other sites

10 hours ago, veerigadu said:

All tech nooo. Is it a tech bubble then?

Lagging indicators... Mortgage and auto demand is down, layoffs will come later in them.

Restaurants are not able to pay the rents ....

Many other big tech will announce layoffs next year... 

Link to comment
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

×
×
  • Create New...