Sign up, and you can customize which countdowns you see. Sign up
May 12, 2022
5:35:26pm
molodyets Slava Ukraini
YTD - 55 major tech layoffs, IPOs down 80% YoY, VC firms telling companies they're not doing any rounds for 6 months
there are lots of signs that money is drying up and things are getting tight becuase of the uncertainty of what the economy holds. Everybody feels like we are headed into a bear market, which means their behavior will change accordingly (and in part usher in the downturn).

By the time an article like this makes it out of texts amongst those in your network to the NYT, it's late



If you look at the https://levels.fyi site, you can filter by layoffs since Jan 1 and see the list - it includes non US companies so the number is over 55 for the year.
This message has been modified
Originally posted on May 12, 2022 at 5:35:26pm
Message modified by molodyets on May 12, 2022 at 5:35:39pm
molodyets
Previous username
patches1391
Bio page
molodyets
Joined
Mar 26, 2006
Last login
Mar 28, 2024
Total posts
43,040 (19,168 FO)
Related Threads Topic: Lots of layoffs are coming in the next year. The piper will be paid. (CSoul, May 9, 2022 at 8:59pm)

Other Related Threads:
So if you knew you were gonna get laid off, what kinds of prep would you do? (Heath Squashwell, May 9, 2022 at 9:28pm)
Messages
Author
Time

Posting on CougarBoard

In order to post, you will need to either sign up or log in.