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There is one economy, likely heading into recession. There is one war that was supposed to be over quick, but is now looking as though it will spread and go in
by yucky 4y ago
There is one economy, likely heading into recession. There is one war that was supposed to be over quick, but is now looking as though it will spread and go in an unknown direction.
The fact that many companies see this and are preparing for harder times does not require collusion. It simply requires common sense.
- pydry 4y agoIf, perhaps: * The tech layoffs were more spread out over the last year of the war instead of heavily concentrated. * They were more aligned with the general economy rather than each other * They were weren't concentrated in very profitable companies that have consolidated their position in the wider economy. * They hadn't been caught colluding to lower wages before. I'd be less suspicious. None of these are the case though.
- theonlybutlet 4y agoIt's likely opportunistic. Sentiment is important for stakeholders. When others in the market are doing it and improving ratios, shareholders are going to ask questions if you aren't doing the same. It's also the ideal time as your employees that stay do not blame the company but rather the market and you can maintain a positive culture, the staff you want to keep are also less likely to jump ship as they presume others are not hiring in this market. Big organisations scenario plan and it's likely they had an emergency retrenchment plan up their sleeves in case they needed it, which can explain how they were able to execute so fast. It also explains why there are some strange decisions taken.
- noisy_boy 4y agoAh, like they never[0] colluded before on things? [0]: https://phys.org/news/2015-09-415m-settlement-apple-google-wage.html#:~:text=The%20settlement%20of%20a%20class,tripled%20under%20U.S.%20antitrust%20law https://phys.org/news/2015-09-415m-settlement-apple-google-w....
- nequo 4y ago> There is one war that was supposed to be over quick, but is now looking as though it will spread and go in an unknown direction. Where will it spread? Have I missed something?
- yucky 4y agoIs there a point at which Russia would consider other countries directly arming, training, assisting Ukraine to be an act of war? If that point does exist, then either it has to be avoided, which would require knowing where that line between indirect defensive support, and direct action is. Or the point will be crossed and other nations are then involved directly in the war. Thus far, US/NATO have tried to not cross that line so as to avoid turning it from a proxy engagement to an actual war directly involving US/NATO. As we see countries sending more and better weapons now, there is of course a higher risk that the line is crossed.
- nequo 4y agoSo this is speculation and not new information from intelligence sources, right? We could say with equal confidence that Ukraine is already breaking Russia’s budget and they would not want to escalate.
- yucky 4y ago> So this is speculation and not new information from intelligence sources, right? It seems like you're defensive and have set out with an end in mind. That being said, yes intelligences sources have repeatedly warned about escalation and currently there is disagreement on which tanks can/should be sent. Lavrov has also just warned about being on the verge of a much bigger conflict now based on the newest developments[1]. Or maybe it's nothing and Ukraine will crush Russia in a few weeks and we all go back to our over-inflated salaries and all is well in the world. I don't pretend to know the future, you asked a specific question and were given a specific answer. I have no desire to debate the future with you, but maybe we can both agree that in any war there is a risk of it spreading, since we've seen it happen repeatedly throughout history. And if we can't even agree on that, then we've probably take the discussion as far as we can on here. [1] https://www.msn.com/en-us/news/world/lavrov-warns-that-the-war-between-russia-and-the-west-is-no-longer-hybrid-but-a-near-real-conflict/ar-AA16Egxq https://www.msn.com/en-us/news/world/lavrov-warns-that-the-w...
- UncleMeat 4y agolikely heading into recession People have been saying this for a year at this point and we've seen temporary GDP losses turn around and become GDP growth above expectations. Inflation numbers have been basically at target for the past six months. I'm not so sure that a recession is so inevitable at this point.