I’ve posted about expectations for a downturn in employment (or end of growth - feels like that started two weeks ago) and the economy as a whole (agreeing with most that it’s started but won’t be super painful).
My son works for a smaller but well established tech company and just today announced hiring freeze and small layoff. I think it was someone working at Deloitte that said their hiring plans are still based on growth. How long do you think that will change? I bet less than 30 days.

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Hard to imagine it stopping in 30 days, every group just posted seeming record numbers and they just gave out really strong bonus’s with really good raises.

My son is getting a raise and promotion too. Different issue entirely because they still have to retain the best people. I’m pretty confident in charges in consulting hiring plans. Not significant reduction, just putting on the brakes. Certain niches will stay hot just from supply demand issues.

I have some secret sauce in predictions. My brother in law works in trucking. Those guys are super accurate leading indicators. Plus reading a number of typical news sources. Drawing lines.

Maybe but the big 4 is in bed with most companies of note. If your son stays billable he will be okay. Can’t think of a safer thing than consulting

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