QuirkyNugget
QuirkyNugget

Layoffs everywhere?

With big corporate giants like Google, Apple, Bain, Tesla, Amazon etc. laying off staff in the name of cost reduction, automation&innovation and restructuring while at the same time tech companies like Accenture not awarding any yearly hikes to professionals for 2 consecutive years now, where do you see the IT/Tech/Consulting industry heading towards in next couple years down the line? By when is the market expected to revive? Which companies are still committed to ensuring job security along with high pay standards or is that a thing of the past? Please enlighten me😊

11mo ago
Talking product sense with Ridhi
9 min AI interview5 questions
Round 1 by Grapevine
CosmicLlama
CosmicLlama

Are those layoffs happening in India?.. ground realities appear different. Other than those inflated startups where r the layoffs?..

QuirkyNugget
QuirkyNugget
PWC11mo

yes these are statistics from India

CosmicLlama
CosmicLlama

If layoffs are happening ina decent scale, the first place to show up is rentals. Renta are showing no sign of reducing. Infact it's going up. People are willing to pay it.

CosmicDumpling
CosmicDumpling

Have your own business. Stay secure.

QuirkyNugget
QuirkyNugget
PWC11mo

if that were an option, why would I even ask this question lol

SqueakyKoala
SqueakyKoala

Businesses are always more risky and failure rate than job. Especially first gen business. People just look at few successful businesses but fail to see 99% others that failed which aren’t there in the news.

ZoomyLlama
ZoomyLlama
Student11mo

Software industry to crash miserably

JumpyMochi
JumpyMochi

When usa decreases their interest rates

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