Re:Shopify to lay off 10% of workers in broad shake-up
by ShakataGaNai on Tuesday July 26, 2022 @09:42AM
(#32238144)
If you're looking for safety in tech, look at the individual companies rather than the industries. Sure there are some industries that are slightly better or worse than others, but overall there isn't a huge difference.
Why look at the companies? See who's growing in a logical fashion. If the company doubled in size at the start of COVID and keeps growing at similarly crazy rates - that might be a sign of trouble. It doesn't matter if the company is 100, 1000, or 10,000. The same general rules apply.
Belts are tightening. If a company was hiring stupidly/risky, they are going to need to lay off people - unfortunately. Or maybe they don't "need to" layoff, but they will want to. We've already seen this at some of the bigger tech companies.
Why look at the companies? See who's growing in a logical fashion. If the company doubled in size at the start of COVID and keeps growing at similarly crazy rates - that might be a sign of trouble. It doesn't matter if the company is 100, 1000, or 10,000. The same general rules apply.
Belts are tightening. If a company was hiring stupidly/risky, they are going to need to lay off people - unfortunately. Or maybe they don't "need to" layoff, but they will want to. We've already seen this at some of the bigger tech companies.