California Economy Is on Edge After Tech Layoffs and Studio Cutbacks

[csrcsr]

California has often been at the country’s economic forefront. Now, as fears of a national recession continue to nag, the state is hoping not to lead the way there.

While the California economy maintains its powerhouse status, outranking even those of most countries, the state’s most-powerful sectors — including tech companies and supply chain logistics — have struggled to keep their footing, pummeled by high interest rates, investor skittishness, labor strife and other turmoil.

Even the weather hasn’t cooperated. Severe flooding throughout much of the winter, caused by atmospheric rivers, has left farming communities in the Central Valley devastated, causing hundreds of millions of dollars in crop losses.

Thousands of Californians have been laid off in the last few months, the cost of living is increasingly astronomical, and Gov. Gavin Newsom revealed in January that the state faced a $22.5 billion deficit in the 2023-24 fiscal year — a plummet from the $100 billion surplus a year ago.

[csrcsr]

https://www.nytimes.com/2023/04/11/business/economy/california-economy.html

[csrcsr]

[chikita]

While i sympathize with most of the affected ppl and hope for best , what else can we expect from a labor slum ghetto state @ARYA

[8pm]

what studio anna @csrcsr

[chikita]

Just now, 8pm said:

what studio anna @csrcsr

Era @Bhai ga nee daily hinduphobia edupu modaletaleda 

[kevinUsa]

26 minutes ago, chikita said:

While i sympathize with most of the affected ppl and hope for best , what else can we expect from a labor slum ghetto state @ARYA

Abba okkadiki 250- 300k salary California lo daily sun 

Enjoying life Ani photo pettinappudu Midwest lo unna vadini chusi cheap fellows annapudu sympathize cheyale kani eppudu job poye sariki eyes earth medaki vachhaya ???

 

[chikita]

3 minutes ago, kevinUsa said:

Abba okkadiki 250- 300k salary California lo daily sun 

Enjoying life Ani photo pettinappudu Midwest lo unna vadini chusi cheap fellows annapudu sympathize cheyale kani eppudu job poye sariki eyes earth medaki vachhaya ???

 

Andaru ala ledu bro. Slum koyya dancer @ARYA gadu to compensate for fact he stays in a ghetto ala vagutadu. 

[csrcsr]

5 minutes ago, kevinUsa said:

Abba okkadiki 250- 300k salary California lo daily sun 

Enjoying life Ani photo pettinappudu Midwest lo unna vadini chusi cheap fellows annapudu sympathize cheyale kani eppudu job poye sariki eyes earth medaki vachhaya ???

 

Nenu epudu anna bro

[csrcsr]

28 minutes ago, 8pm said:

what studio anna @csrcsr

Naaku ardam kaale supply chain logistics anukuna

[kevinUsa]

5 minutes ago, csrcsr said:

Nenu epudu anna bro

Nuvvu kadu chala mandi unnaru le 

[RakitaRakita]

24 minutes ago, kevinUsa said:

Abba okkadiki 250- 300k salary California lo daily sun 

Enjoying life Ani photo pettinappudu Midwest lo unna vadini chusi cheap fellows annapudu sympathize cheyale kani eppudu job poye sariki eyes earth medaki vachhaya ???

 

 

13 minutes ago, kevinUsa said:

Nuvvu kadu chala mandi unnaru le 

Why crying ra , it’s only matter of time or few months then again they will get that package and you won’t get it ever and keep crying 

[csrcsr]

36 minutes ago, RakitaRakita said:

 

Why crying ra , it’s only matter of time or few months then again they will get that package and you won’t get it ever and keep crying 

Agreed these stories came before too california still on its own is 5th largest economy , but politics some overvaluatuon of tech companies , astronomical salaries mismanagement is creating imbalance we have to see

[JambaKrantu]

Who cares about California 

[Groguu]

1 hour ago, chikita said:

While i sympathize with most of the affected ppl and hope for best , what else can we expect from a labor slum ghetto state @ARYA

rey @Swatkat nee pellanni pamipyyii twaraga..tecchukunna condoms waste itai