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I work on the tech side of vehicle manufacturing and while white collar layoffs haven't hit yet, it's getting bad. See [1]. Freight movement is down significa
by mdorazio 7y ago
I work on the tech side of vehicle manufacturing and while white collar layoffs haven't hit yet, it's getting bad. See [1]. Freight movement is down significantly and trucking companies are going bankrupt all over the place. Truck order forecasts for 2020 are way down from a year ago, and passenger car isn't looking too hot either. This likely won't spill into the advertising-based SV tech economy for a while, though.
[1] https://www.businessinsider.com/trucking-companies-bankrupt-list-truckers-react-to-industry-bloodbath-2019-7 https://www.businessinsider.com/trucking-companies-bankrupt-...