Tech Industry job layoffs looking scary

Ethnic Vagina Finder

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I have had a six figure business every year since 2020. This is a lie. You need time and money especially when starting a business.

You keep saying that with no details.

Are you referring to building the application?
Are you referring to filing the paperwork to form the business?

thecoli.com is a business (a poorly run business, but it’s still technically a business). How much money do it think it took to build this?

A tech start up doesn’t require much money in the beginning. Only time.
 

Van Cleef

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You keep saying that with no details.

Are you referring to building the application?
Are you referring to filing the paperwork to form the business?

thecoli.com is a business (a poorly run business, but it’s still technically a business). How much money do it think it took to build this?

A tech start up doesn’t require much money in the beginning. Only time.

depends on what tech startup you tryna build.. the best advice is to follow what this guy says do

 

Gritsngravy

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You don’t need much. Time more than anything.

If you know how to map out the entire program you could do different parts, and pay other people to do sections. He’ll, you could use chatGTP to do some of it as well.

It really boils down to creativity.
Wait, you saying you don’t need much money to hire people to do a job?
 

Gritsngravy

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Get back to us when you get to the part of the journey when you figure out how much money it is to host code on the internet, keep track of the infinite data and making sure that code is available worldwide with little downtime.
I’m assuming you talking about the servers, and if so it’s a reason why companies got big ass data server buildings

Matter of fact isn’t Amazon making most of its money from cloud shyt or whatever
 

chkmeout

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You keep saying that with no details.

Are you referring to building the application?
Are you referring to filing the paperwork to form the business?

thecoli.com is a business (a poorly run business, but it’s still technically a business). How much money do it think it took to build this?

A tech start up doesn’t require much money in the beginning. Only time.
Get this idiot out of this thread.
 

DJSmooth

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I’m assuming you talking about the servers, and if so it’s a reason why companies got big ass data server buildings

Matter of fact isn’t Amazon making most of its money from cloud shyt or whatever

Yup 70-75% of Amazon profit comes from AWS.
 

Silkk

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You keep saying that with no details.

Are you referring to building the application?
Are you referring to filing the paperwork to form the business?

thecoli.com is a business (a poorly run business, but it’s still technically a business). How much money do it think it took to build this?

A tech start up doesn’t require much money in the beginning. Only time.
You’re saying that as someone who’s never done it before. You aren’t speaking from experience.

You don’t even know what your blind spots or unexpected expenses are yet.
 

papa pimp

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We have historically unemployment

No one thought jobs will be created immediately. It takes time for the money to cycle through

Yall keep saying this without any understanding.

We had more workers leave the labor market during the pandemic than got replaced. This is called a demographic cliff and why unemployment is low. You can easily google what a "tight labor market" means.

There are jobs BUT employers are taking record time to fill them if they are trying to fill them at all according to surveys I've seen conducted.

Its not doom and gloom but its also not some dawn of economic prosperity right now....more a mixed bag.
 

DJSmooth

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My company finally had some layoffs last week

Had a toast to celebrate the dead....hopefully they bounce back quickly


Some folks went off crazy inside the Teams chat too smfh

What they say? They usually cut access off before that happens?
 

Ethnic Vagina Finder

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Wait, you saying you don’t need much money to hire people to do a job?

Ok. When I was doing taxes, I explored the possibility of building my own tax prep software, spoke to a few companies and the average to build it was roughly $15,000 - $30,000.

Obviously you would pay more for updates and maintenance but just to get shyt rolling, no more than 30k. You can hire people for cheap on Fiverr for marketing shyt and social media is free.

If you have a good business plan and about $4000 - $5000 in the bank, you can try to get a small business loan or grant. You can also try to do crowd sourcing.


You can do the markup yourself. Like I said before, it takes time and creativity more than anything. There’s no code sites that are free/cheap to use and you can build a website that can turn into a business.


So when you say it takes money, how much are you talking about?
 

Ethnic Vagina Finder

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Yall keep saying this without any understanding.

We had more workers leave the labor market during the pandemic than got replaced. This is called a demographic cliff and why unemployment is low. You can easily google what a "tight labor market" means.

There are jobs BUT employers are taking record time to fill them if they are trying to fill them at all according to surveys I've seen conducted.

Its not doom and gloom but its also not some dawn of economic prosperity right now....more a mixed bag.

The pandemic also forced employers in a lot of sectors to operate with less people. And some of them adapted. If they have 5 open positions, they will take their time to fill them since they are just as productive with those vacancies.

At the end of the day, payroll is the biggest expense for companies. They have monthly budgets to meet. And if let’s say they had a budget to hire x amount of people in 2024. They longer they go without hiring, each month they don’t will reflect on the net profit for that month.

And either 2 things will happen. They will hire those people sometime this year, because they want to increase or maintain the payroll budget in 2025, or they won’t hire and if they do, they will lay them off by December because they budget for payroll will decrease, because they want to try to exceed the net profit by a few percentage points.
 
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