111–120 of 576 posts
Keep at it. Recruiters on LinkedIn are still foaming at the mouth.
Earlier quoted context omitted.
Caveat: not an expert. Well, demand is high and supply is constrained. This has caused a spike in inflation. It’s a good question whether interest rates should be used to counter this. In order to counter this interest rates are going up, this reduces the attractiveness of the stock market causing a crash- as you’ve seen in the main indices. But on top of that inflation is high in energy and Putins war is going to sp…
Economists like to say "the cure for high prices is high prices." High prices should reduce demand and also increase supply. I don't see how this necessarily leads to a recession (a contraction in the economy) which is usually caused by fewer people working. We have record low unemployment. A lot of people are just parroting political talking points at this point about the inevitability of a recession, there is no in…
I bet the non-profitable, feeding-on-VC startups are getting worried and we'll see more of this. I work at a non-VC-funded, profitable, stable, small place and we're desperately trying to hire. I've never made FAANG/startup income, and I've always felt a little left-out because of that. But we've been stable for nearly 30 years, and have never had the big layoffs or hiring freezes including, dot-com bust, 2008, 2020…
Anecdotally, the recruiter calls surged in the previous few months and have slowed to a trickle in the last couple.
Earlier quoted context omitted.
Not sure about other places but MSFT recruitment just reached out to me today.
Every team at MSFT does their own hiring, so experiences there won't be uniform.
Do the teams organise any other company wide functions in that way? Hardware procurement, maybe?
Startups and a lot of tech companies rely on easy money. They are the ones impacted the most.
This could have been prevented, or mitigated, it they'd increased [edit] interest rates 6 months to a year ago as many voices were calling. And we spoke of corporate greed causing inflation rather than money printing. Rhetoric aside, now we're needing to climb down a steeper hill.
Anecdotally, the recruiter calls surged in the previous few months and have slowed to a trickle in the last couple.
In those kinds of environments, contractors do a little better. Employers are all freaked out, they want to get work done but they don't want to make long-term commitments. It's not until they start making noise about contractors being expensive and wanting to convert you to full-time that you know the recession is over.