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Tech stocks seem to be doing quite well. Of course, it's a convenient narrative to say that our sector is struggling. For corporations who don't have a money m
by jpalawaga 3y ago
Tech stocks seem to be doing quite well. Of course, it's a convenient narrative to say that our sector is struggling.
For corporations who don't have a money machine, yes, it's not a good time. You will not get new funding. For established corporations, I'd say that it's pretty sunny days, especially considering layoffs.
- EchoChamberMan 3y agoWhat do you mean by "sector" here? The only ones doing well are massive corporations and their stock owners.
- paulryanrogers 3y agoBetter to be a shareholder than an employee. Because as profits increase most of it will be captured by the former. Leaving the latter to fight tooth and nail for their share.
- twojobsoneboss 3y agoHave you looked at the sw Eng hiring landscape recently? One reason stocks are doing so well is cause of the cost cutting, layoffs, and hiring and promo freezes. Stock prices have nothing to do with the employment landscape