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Even tech is doing mostly fine. Layoff chatter is going to continue for Q1 but it'll settle down. The real problem is that the haute precariat who work in the
by laidoffamazon 3y ago
Even tech is doing mostly fine. Layoff chatter is going to continue for Q1 but it'll settle down.
The real problem is that the haute precariat who work in the media are being battered by attention spans and ad blockers and ineffective paywalls and bad-news-burnout from the last few years. They're the ones that are most loudly dooming because they're mad that they are overwhelmingly children of the affluent who are doing worse than their parents. It's not like that for almost the entire rest of the country, but these people set the tone by setting the assumption. "Of course the economy is bad, my friend from Yale got laid off from her legal job at Google! Of course the economy is bad, my comedian friend from Choate has to move back in with their parents!" etc etc.