Re:Ask HN: What's Going on with the US Economy?
by more_corn on Thursday October 31, 2024 @04:14PM
(#42011024)
This is the wrong take. Yes the general economy is strong. Also there’s a massive thing happening in tech.
There have been hundreds of thousands of tech workers laid off this year from a dozen different companies. Theres a recession in tech. It’s happening because of a massive market pivot and nobody knows who will own it yet.
If you want to understand the pivot look at who is firing and who is hiring.
There have been hundreds of thousands of tech workers laid off this year from a dozen different companies. Theres a recession in tech. It’s happening because of a massive market pivot and nobody knows who will own it yet.
If you want to understand the pivot look at who is firing and who is hiring.