Big job cuts on Monday and Tuesday.
We’ll see who will survive until next month.

It's about to hit programmers hard. None of the small business loans made available from the governments are available to startups as having private equity funding links you financially to the equity firm which is ineligible.

Pff 🤦‍♂️ not dis shit

@SortOfTested Yeah startups will go down first along with all marketing agencies. Best way to survive is work in logistics, finance, telco and medicine business I think.

@M1sf3t ride hailing and travel I think is dead for a year

@vane
Poorly position startups. We're just fine over here thanks to my finance founder's excellent positioning.

@M1sf3t
The thing those startups will have to watch out for is what's going to happen to zoom. They've exploded in demand and scaled up to meet it with reckless capital maneuvers. When this shit calms down, they'll dump 90% of their revenue.

We invoked our force majeure clause with our contractors. We’re an airline, and revenue is pretty much gone, so it’s unavoidable, which is sad. That’s one of the down sides of contracting. What really sucks is that some of the contracting companies are laying off their workers, many of whom are H1B, which means they are stuck outside their home country without income. We’re doing a lot of things to cut costs in order to avoid lay-offs of employees. Workloads have increased, needless to say.

@rutee07 those that operate with low margin money is ending fast so it doesn’t matter cause they will fill bankruptcy, other will cut small numbers but combined it will be big in country scale.
For most next 3 months will be critical.

If you’re not prepared to live for a year without income it’s going to be wild ride cause this year ended last month.

@rutee07 Nothing will change, people will forget about it sooner or later, those that are now 17-24 will get their first job next year when it’s over and 10 years later face same problems.

I missed most of my childhood.

I missed almost all of my teens.

I missed most of highschool (not much to miss according to most people)

Came of age in 2008, missed out on a decent job market and establish myself.

Missed out on college.

Missed more than half my twenties

Missed the window to release my game back a few years ago when steam was way easier to get on and thedemand for that particular genre was hot.

Finally decide to go for a programming career and now I'm going to miss that.

Feels like my entire generation got fucked.

@Wisecrack I was writing in general don’t worry I was fired during crisis from my first job due to company money flow problems and I didn’t gave up and still working.

It’s just during crisis you need to be smart and after crisis there are lots of new opportunities so those who just started their career will have lots of job offers even more interesting then before.

@vane

I think I'll just go with plan b and join a branch of the military.

Killing brown people in some distant shithole sounds like a stabler way of life than relying on companies in the modern era not to stab everyone in the back. Not to mention it's at least one set of skills that never get old, unlike 'new fad technology x' every other fucking year.