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Recession is here


Everydayrunner

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Worst job market..no new positions even in java for leading financial clients..

 

Ippudu job poyindhi ante ..if you are on h1b..very dangerous situation..

If next two quarters inflation control kakapothe financial clients anni inko year freeze Loki velthai..

So this slow tech job growth will continue till next year... 

Those who have jobs..gattiga pattukoni kurchondi. Only W2 roles..

 

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6 minutes ago, Sreeven said:

Jobs issue mainly multiple jobs valla..janalu manolle kaadu tellollu kuda 2 jobs chestunnaru

covid mundu mostly w2's inka citizens chesetollu multiple jobs..ippudu andaru chesthunte impact thelusthundi

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28 minutes ago, Sreeven said:

Akkada fed recession ledu eam ledu antunnaru

Fyi nenu pani chesedhi FRB ki ..so I know the situation..even FRB is not doing full-time hiring.

Recession won't be declared unless minimum paid jobs slows down..as of now all the lower class is making good money to spend and travel..while middle class.tech IT employees are going through impact of job loss. So it can't be considered as recession for visa and middle class IT folks in job market for new job.. you can clearly see the net income growth  has dwindled.

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16 minutes ago, csrcsr said:

Agreed bro java plain old java rest services , jpa /hibernate pedithe almost zero anna seeing the same

Konchama microservices, multi cloud , polyglot fancy resume cheyali

Pakka they are expecting either full stack with (Angular or react redux or vue.js etc node)

or some spcialization in back end like streaming , kafka with java as well as Java and Go or Java and Phython etc with some cloud AWS deep or superficial aithe multi cloud 

too much saturation undi 

 

I will give example..ny stock exchange always hires actively 10-15 java positions across different teams every year.. all seasons.. 

Not a single position open unless it is critical and requires cto approval now.. that severe crisis in newyork city  IT industry..strictly W2. H2b daaka raavu jobs inka..unless job growth in IT is seen

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Just now, Everydayrunner said:

I will give example..ny stock exchange always hires actively 10-15 java positions across different teams every year.. all seasons.. 

Not a single position open unless it is critical and requires cto approval now.. that severe crisis in network IT industry..strictly W2. H2b daaka raavu jobs inka..unless job growth in IT is seen

Agreed scary 

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This market is one of the most unpredictable markets. Next decade lo case study cheyyochu.

layoffs, high interest rates… stocks close to ath, housing prices increasing.

 

with AI boom, tech industry got the relief 

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Goldman Sachs’ Jan Hatzius lowered his recession projection to 20% from 25%, noting “the recent data have reinforced our confidence that bringing inflation down to an acceptable level will not require a recession.”

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2 hours ago, csrcsr said:

Agreed bro java plain old java rest services , jpa /hibernate pedithe almost zero anna seeing the same

Konchama microservices, multi cloud , polyglot fancy resume cheyali

Pakka they are expecting either full stack with (Angular or react redux or vue.js etc node)

or some spcialization in back end like streaming , kafka with java as well as Java and Go or Java and Phython etc with some cloud AWS deep or superficial aithe multi cloud 

too much saturation undi 

 

inka enni rojulu macha e dev jobs .. 30 dhataka  chi demmana anipisthundi

GC undi ga ..you have better options to explore?

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6 minutes ago, cameraman said:

inka enni rojulu macha e dev jobs .. 30 dhataka  chi demmana anipisthundi

GC undi ga ..you have better options to explore?

Emo anna i feel Saying is easy " be positive " " be unique" mantras all over just one or two success stories chusi 

there will be many mediocre like me who want just IC coding job no head ache of people management, coordinating with teams rat race for climbing corporate ladder etc  and chill with happy life

If we have to survive we have ro race update no other option,  time pass people management, project management tools will do going further 

Inka business etc antava antha creativity ledu anna

 

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On 7/17/2023 at 4:39 PM, csrcsr said:

Emo anna i feel Saying is easy " be positive " " be unique" mantras all over just one or two success stories chusi 

there will be many mediocre like me who want just IC coding job no head ache of people management, coordinating with teams rat race for climbing corporate ladder etc  and chill with happy life

If we have to survive we have ro race update no other option,  time pass people management, project management tools will do going further 

Inka business etc antava antha creativity ledu anna

 

+116

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