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It’s not like the laid off people will run out of the area the next day en-masse. All have some kind of ties there.
by whiplash451 4y ago
It’s not like the laid off people will run out of the area the next day en-masse. All have some kind of ties there.
- jacurtis 4y agoAnd there’s plenty of other companies ready to scoop up the talent. Most these laid off employees will have job offers within a month.
- datalopers 4y ago> And there’s plenty of other companies ready to scoop up the talent 1) Tech job openings have fallen by ~50% since a year ago 2) Total comp packages are materially lower, creating a strain on people's ability to pay for their housing
- Firmwarrior 4y agoI think this is a little different from the fake recession talk in 2020, where HR and thrifty managers tried to scare people into accepting less money There are still great jobs out there, but you can't just bang out a day of Leetcode and collect a batch of $600k offers at the moment
- datavirtue 4y agoAhh...the great billionaire collusion WFH reset.
- alliao 4y agothe least they could do to end WFH is monitor and manage indoor air quality. 500ppm CO2 OR 222nm UVC so it's at least safer to go back in the office. right now it's a plumes of covid indoor and it's just matter of when for repeat infections; who'd want that.
- kamaal 4y agoPlenty of other companies can't pay half a million dollars to center a div either. Lots of people will lose visa status, homes, cars etc.
- Q6T46nT668w6i3m 4y agoThey did during the last few tech bursts. Why do you think this time will be different?