61–70 of 70 posts
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Wow it has an active comment section - very interesting link!
Keep in mind that these communities are affected by what I call a "reddit effect" - they tend to be negative, so only people who dislike the company go there, creating a toxic negativity feedback loop. Same as many major subreddits which thrive on negativity and outrage. Take whatever you read there with a grain of salt.
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Why does there have to be one or the other? There should be both the metrics.
That's what I'm saying. In the terminology of systems theory, the value of a stock over time tells you rather little about what's going on in the system compared to knowing both inflow and outflow.
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That's what I'm saying. In the terminology of systems theory, the value of a stock over time tells you rather little about what's going on in the system compared to knowing both inflow and outflow.
True. There should be a simpler mechanism. In case of stocks, there exists the balance sheet but there should be something simpler yet more informative. For instance, the regular watchlist we have (on Yahoo Finance) with a couple more datapoints from the balance sheet.
Earlier quoted context omitted.
True. There should be a simpler mechanism. In case of stocks, there exists the balance sheet but there should be something simpler yet more informative. For instance, the regular watchlist we have (on Yahoo Finance) with a couple more datapoints from the balance sheet.
Note that I used the word "stock" in its system-theoretic meaning, i.e. an accumulating quantity whose level depends on inflow and outflow. Not in the financial equity sense.
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That does not sound right?....Usual IT positions in Europe (50-80k jobs) always took max 1-2 months for me.
If you apply by the front door, and get in, fine, maybe you get some job in 2 months. But the best jobs are not available that way. Mine was not.
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We only need to go back a couple of years to mid 2020 when every company was laying people off. Layoffs.fyi was tracking multiple new rounds every day. I fear what is coming is going to be that or worse.
What are you doing to prepare?
My advice:
- hoard cash, i.e. don't spend it on things you don't need right now, you might need it a lot more in 6-12 months just to pay the mortgage
-do anything and everything you can to have a nest egg that will give you 18-24 months of living expenses; 6 months won't be enough for a lot of people. Not easy for everyone I know, but if the SRHTF, it might take you that long to find a new job - and that new job might not pay as well as your old one.
-get out of debt if you can. Again, not easy, but owning a house and car free-and-clear is an awesome feeling when the economy goes into a bad recession and you don't risk losing your house as long as you can pay taxes and insurance.
-get a side-gig or two on top of your job if you can, having a few irons in the fire is never a bad idea if you can handle the extra work.
-not a good time to switch jobs to a risky small tech company (or even a big tech company) if they never, or rarely make money - sooner or later VC's will stop writing checks to companies that don't have a prospect of becoming profitable - in a severe downturn, VC's will cut their losses and move on; these types of companies will be hit the hardest.
-if you are working at mega-corp, try to get on - or stay on a team that supports or develops projects that are really important to the core company functions and/or makes them money. Not a good time to be part of a 'special group' exploring some new technology pr product that might not ever pan out - when big corps tighten belts, look for those types of projects to get shut down.
The Airtable table has a UX quirk that I find rage inducing. When I click on a column header to sort the data, a "sorted by 1 field" dropdown opens and covers the top rows of the newly sorted data. Then if I click the x in the corner of said dropdown, it removes the filter (and doesn't close the dropdown). Clicking outside of the table doesn't close it either, since the table is embedded.
The Airtable table has a UX quirk that I find rage inducing. When I click on a column header to sort the data, a "sorted by 1 field" dropdown opens and covers the top rows of the newly sorted data. Then if I click the x in the corner of said dropdown, it removes the filter (and doesn't close the dropdown). Clicking outside of the table doesn't close it either, since the table is embedded.
I too had the same issue, I figured you must click the "Sorted by 1 field" badge. I wanted to sort by # of employees and I couldnt see the first few rows.