Does it mean that there's a bubble in the tech market and it's going to explode soon? Do we need to prepare for the tech apocalypse?
Ask HN: Is there a bubble in the tech market? Is it about to explode?
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Re: Ask HN: Is there a bubble in the tech market? Is it about to explode?
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#52. A healthy contracting market with rates steadily increasing despite IR35. Contractors are deciding what they'll be paid and are still be lapped up. Nothings worse then a late or undelivered project to your end clients. Maybe layoffs are a strategy in shaking this trend?
There's certainly a recession happening and or on the way but why should markets such as the UK be worried when roles in my company at least go unfilled for 6+ months at a time.
Re: Ask HN: Is there a bubble in the tech market? Is it about to explode?
#6Re: Ask HN: Is there a bubble in the tech market? Is it about to explode?
#7Will it ‘explode’ and lead to an ‘apocalypse?’ Your guess is as good as mine.
Personally I don’t expect it to be like 99 again as many tech companies have real profit and VCs have plenty of cash… but I suppose there are plenty that don’t as well.
Re: Ask HN: Is there a bubble in the tech market? Is it about to explode?
#8That's what you get for replacing the worlds largest generation, the Boomers, with the worlds smallest generation, the Zoomers.
Re: Ask HN: Is there a bubble in the tech market? Is it about to explode?
#9In London at least. Tech companies dislike the fact there aren't enough engineers to fill roles which has led to a few things. 1. Permanent salaries on the increase that also has a trickle down effect on other related IT roles. 2. A healthy contracting market with rates steadily increasing despite IR35. Contractors are deciding what they'll be paid and are still be lapped up. Nothings worse then a late or undelivered…
Re: Ask HN: Is there a bubble in the tech market? Is it about to explode?
#10I live in a European country and our salaries will not go down nor do I expect any layoffs. Your question is very US/Silicon Valley centric.