Mg ki ready avandi andaru

[Saloly]

Recession confirmed in 2023

[Charger]

proof undha

[Saloly]

All major investors and VCs stopped investing in tech.

Layoffs in tech has ripple effect in all the sectors like real estate 

[Android_Halwa]

https://www.aboutamazon.com/news/company-news/update-from-ceo-andy-jassy-on-role-eliminations

Today, I wanted to share the outcome of these further reviews, which is the difficult decision to eliminate additional roles. Between the reductions we made in November and the ones we’re sharing today, we plan to eliminate just over 18,000 roles.

[Saloly]

Idi just start... All companies waited for holiday season to complete 

[veerigadu]

Very sad. 

[csrcsr]

Not in general.only tech recession which are 5% of labour workforce ,

Tech lo matram gattiga padthunayi

[Saloly]

1 minute ago, csrcsr said:

Not in general.only tech recession which are 5% of labour workforce ,

Tech lo matram gattiga padthunayi

Bro.. dependent on tech there are many sectors 

 

[csrcsr]

Just now, Saloly said:

Bro.. dependent on tech there are many sectors 

 

The other sectors are not laying off 

Only pure tech which over hired and paid a lot those got impacted rest if yiu see

Fanimae, fidelity, Charles schwab, banks , fintechs are still hiring tech force may be not at the rate before but not freeze 

Recent edi aina choodu bro  from door dash to Salesforce to Amazon that's my obsevation

 

[Netflixmovieguz]

Just now, csrcsr said:

The other sectors are not laying off 

Only pure tech which over hired and paid a lot those got impacted rest if yiu see

Fanimae, fidelity, Charles schwab, banks , fintechs are still hiring tech force may be not at the rate before but not freeze 

Recent edi aina choodu bro  from door dash to Salesforce to Amazon that's my obsevation

 

Other sectors is jpoo target. 

[Saloly]

4 minutes ago, csrcsr said:

The other sectors are not laying off 

Only pure tech which over hired and paid a lot those got impacted rest if yiu see

Fanimae, fidelity, Charles schwab, banks , fintechs are still hiring tech force may be not at the rate before but not freeze 

Recent edi aina choodu bro  from door dash to Salesforce to Amazon that's my obsevation

 

Amazon, meta, Salesforce folks can crack any interview, and they will be ready to accept lower salaries now.

This will lead to overall decrease in salaries of all the software jobs.

Now companies are on the upper hand, not the employees. Inflation also raising is not at all good sign 

[csrcsr]

Just now, Saloly said:

Amazon, meta, Salesforce folks can crack any interview, and they will be ready to accept lower salaries now.

This will lead to overall decrease in salaries of all the software jobs.

Now companies are on the upper hand, not the employees. Inflation also raising is not at all good sign 

Agreed !! But my point is hiring freeze he lay of lolli is happening in tech not sure it will slowly spread

Also in recent survey by linked whoever lost job in last 3 months tgs (before holidays) 80% already  got jobs ata

All the remaining openings will set the bar high with these guys in market

[bhaigan]

Sad to know

[Saloly]

Goldman Sachs upto 4k in coming weeks ani oka news

[bhaigan]

Just now, Saloly said:

Goldman Sachs upto 4k in coming weeks ani oka news

JP Morgan emanna unda bhayya ?