Any layoffs due to this virus?

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Bruh. It won’t happen right away. At best, Q4 2020 or Q1 2021.

likeuplifting

I can see companies starting sooner than that if they anticipate a slowdown in work

Did you check Google?

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This is going to happen pretty soon. A lot of naive people on here who weren’t around last recession. Expect small layoffs within next 4-5 weeks with increasing ramp up and multiple rounds in the 1K-5k range.

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Not for me, personally: but yes, within my family.

Solidcore laid off 98% of its workforce😞

I work for a boutique strategy firm. Already laid off 50%

Holy shit what firm

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Who is still in denial about a housing correction? The Fed just made another .75% increase. Powell said they won’t stop until inflation is 2%. He also said a recession would be better than the consequences of unchecked inflation. He announced he will bring rates to a “restrictive level” until “the job is done”. He said that labor demand needs to soften (ie: layoffs). He very explicitly said he wants to slash demand and that housing needs a “correction”.

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Post Photo
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