Just a reminder that tech companies don’t only hire tech workers.
But yeah, gonna be a rough year for a lot of people. Not to mention Jerome is hellbent on keeping the interest rates high to ease the salary pressure. It’s beyond fukked up if you think about how these companies have been using cheap money to buy back stocks to drive up their caps and please shareholders all while suppressing wages throughout.
Wages had just started getting back to what they were pre 08 recession, just before Covid hit, all while cost of living increased so buying power was still lower. Then Covid hit and prices skyrocketed again and people realized it was bullshyt and started giving these companies ultimatums. They finally had leverage due to the boomers dying/retiring(which also has multiple knock-on effects.. for example: service workers whose parents and grand parents died or got sick and can no longer proved after care for their kids, so now they have added child cost, and some are just not able to work because of schedules) and not having enough bodies to replace them.
They’re now blatantly punishing people. You’re seeing this shyt with the mandatory return to office for remote workers and the constant recession hit pieces sponsored by these demons to drum up fear and uncertainty and scare people into not asking for raises and being held hostage by their shytty employers. The layoffs are just another tool in their arsenal.
Always remember payroll is a company’s largest expense. If companies could pay you nothing for your time and get away with it, they would in a heartbeat.
If you’re in a position to work multiple jobs remotely, do that shyt. fukk these companies, fukk this system, fukk these whales, fukk the FED, fukk Jerome, fukk Yellen. You’re not gonna win against them playing but their rules as said rules only applies to you and not them.
Reduce your spending as much as possible and stack bread. This shyt is still in the early stages and the ripple effect hasn’t even started yet.
www.tiktok.com
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Bruh you ain’t lying.
