3 ms·
I just talked to my boss, how radical are the steps the US government is taking. We have a republican President and senate majority that just agreed to the bigg
by avgDev 7y ago
I just talked to my boss, how radical are the steps the US government is taking. We have a republican President and senate majority that just agreed to the biggest stimulus ever and while Trump is giving mixed signals (seems like he is trying to appeal to investors) there is no end in sight. My boss is a republican and it also scares him, he agrees that we need to help the people but the government has access to many great minds and they know more than us.
My wife is a marketing director at large mall, and honestly I am trying to get her to switch either to digital marketing, or programming. Retail is going to suffer for a long time, and it has been suffering for years. When we start going back to normal, I expect retail traffic to be down or government may enforce rules limiting number of customers. People will have less money, less confidence and retail will be the last place where people spend money.
Plus, our world is very complex, air traffic is down, fuel usage is down, plane orders are down, manufacturing is down, freight deliveries are down then cuts are going to be made to non-essential departments across different sectors. I am a dev in manufacturing, and so far I think I'm safe. However, I have a friend in IT, they service large retailers.....he thought he was safe, his company just announced a hiring freeze as some clients are looking to get out of contracts as they are 100% not operating.
My comp sells products directly to larger manufacturers our orders March were down 25%, and April could be as much as 30-40%.