The thing is, when the shyt hits the fan and people have to start selling because they can no longer afford their homes, them appraisers and inspectors will be right back in business. Not sure about realtors and mortgage brokers. People are getting hip and going at the market without realtors.
Tech Industry job layoffs looking scary
- Thread starter dtownreppin214
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skyrunner1
Superstar
The amount of transactions that will change hands will drop like crazyyy.. Only the strong and competent will survive and still be able to do business, most will do something else and maybe hold business to side.. You know how many percentage of marketplace have a mortgage under 5%? Many reports saying over 60%.. they not gonna be changing into higher interest rate.. Lots of people gonna stay pat for awhile..
That’s not what I mean. When people fall behind and are forced to liquidate, banks do inspections/appraisals on those homes depending if it goes into foreclosure, short sale or goes into the real estate owned space. The bank needs to know the value and condition of property. I’m not saying it will be like the last couple years but if they hold tight, business will comeback around. I’ve seen people who bought in the last two years already have to sell at a loss for various reasons. It’s starting now.
My job did a mass layoff earlier this year. I just pray I’m safe for any future reviews.
You think 75% of Twitter employees were creative? The vast majority of any jobs aren't the creatives it's the regular nikkas. Plus without creatives, most of these companies would not be around
Big tech is always hiring a lot and laying off alot
They aren’t really an indicator
You have to look at manufacturing
They aren’t really an indicator
You have to look at manufacturing
I just had my second kid, I don't need this stress right now.
Congrats on your second child, breh.
Cyrus' Wife
Wife of a Warrior
Can Twitter function with 75% fewer employees?
Nope. They're already asking some of the employees they fired to come back. Elon doesn't know what the hell he's doing. Most of those fired are probably going to Bluesky Social.The only way I'd come back to Twitter if I was one of those ex-employees is if they gave me at least 3 times my old salary.
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Twitter asks some laid off workers to come back, Bloomberg reports
After Twitter Inc laid off roughly half its staff on Friday following Elon Musk's $44 billion acquisition, the company is now reaching out to dozens of employees who lost their jobs and asking them to return, Bloomberg News reported on Sunday.
www.reuters.com
We have been in a recession for several months now
Finance brehs be eating
JetFueledThoughts
Superstar
beenz
Rap Guerilla
I'm in healthcare, and my job is currently on a hiring freeze as well for all corporate jobs. all the hospital jobs are still hiring.
Put your faith in God not men
I’ve been listening to a lot of Michael Burry (big short guy) videos on YouTube he’s predicting that a lot of the large tech companies have inflated stock prices and the bubble is going to pop soon. Since people who invest usually “play it safe“ by buying the larger tech companies or index funds that do, people don’t research small stocks anymore, and Wallstreet brokers use large tech companies to hedge with, all their prices are inflated.
