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Recession in US will technically begin around July 10-15 when the next growth report is published. (Recession is certain because Walmart, Target and other retailers have reported profit drops to stock exchanges). The US Federal Reserve when they raised rates this month said, economic climate will continue like this until early 2024.
Every global currency is weakening against the dollar because countries and companies are building up dollar reserves for the potential recession.
So there is high likelihood that the recession could last a year, and US companies will certainly layoff people, in US, India and abroad. With democrats in power in US who are way more pro people than republicans, I would bet that they put more safeguards in to save US jobs while not caring of offshore jobs.
PS- I live in the US
Did you receive any communication from HR regarding the same?
And from which company do you have the offer?
No I haven't received any communication but just a question from my side. My offer is from PwC.
I don't think a MNC like PWC will do that. Dont stress yourself bro. Be calm and try other interviews. Nothing negative will happen. Stay positive.
Too much of a pessimistic thought...I don't think we have reached that stage and neither will reach atleast for next 1 year.
In all Big4s hiring is still on a roll...they are hiring like anything
That is your problem not HR's
Anything can happen
Terrified to see this.