/biz/ - Business & Finance

>>17928907
Yes, NEETs will never get downsized.

>>17928907
Doctor here, it's kind of a wash because my parents are losing big chunk of 401k and probably gonna need help in future to retire.

>>17928907
Anon I am going to destroy your belief, should you choose to accept truth.

In our current day and age, it is to be considered the lowest of lows to be an employee. You pay the most taxes percentage wise (where it counts), your labors do not benefit you directly, your thought processes are eventually molded into serving others at lower reasonable gain to yourself, your mind becomes generally risk averse and you do not learn to properly weigh risk in a timely manner. Your market value drops with each passing day, older people are higher risk, more and more competition sprouts up and the cards are realistically stacked against you. Your ROI with regards to time and effort would be much more effective had you started a business of sorts. Granted, some employees like their jobs, or accept all of the above. But being proud of being a wagie and "rising above" just makes you more of a loser because now you're proud of putting others down. Which means in the grander scheme of things, you think the same behaviors should be reflected unto you, and so you sow discourse, and create inefficient ripples in our current timeline. We can do a lot better. Jobs are riskier now and you can get fired just because. In fact the risk of running a business weighted with rewards can be considered much less as you have more control over the income, success, etc. You've done it, you've grown up and can become self sustaining. That's winning. That's success.

Thank you for reading my blog post and may we all benefit from these coming times. Cheers.

>>17929048
The only thing worse than being an employee in an industry is being a sub-contractor. Trust me

>>17928907

CPA/Accounting here. It's a soul crushing "profession", but there is always work, too much fucking work.

>>17929074
Case by case basis, but perhaps you're right. The age of the employee should diminish. Too many people equate it to basically slavery, and so they cut themselves short in the business agreement, being that is what it is a business agreement not an exploitative relationship, unless you let it get there.

>>17928907
Federal gov employee
Cheers fellas

I make $80k+ working in a hospital lab. My first free money check is going towards a new pc

>>17928907
I'm in Info Sec so I'm probably okay. I did System Admin before that, and before that I repaired computers. I've maintained all my tech certs over the years so I'll probably make it.

If all else fails I have a degree in Psychology with 5-years of practical experience being a social worker. This is my last resort fallback plan. but ironically mental health services are probably not as recession proof as the guy who keeps your business from getting hacked.

>>17929039
>>17929143
My medical field friends. This will be our time

>>17928907
I a CDL truck driver. They say its recession proof but I'm not sure how much. Luckily I dont have a family to take care of other than my parents so I can be out months at a time, which employers will like

>>17928922
BASED AND CHECKED

Most of my compensation is in FAANG stock. Not sure if that's recession-proof, but they have plenty of real assets and lots of cash on hand.

>>17929099
Hello fellow slave. As if audit busy season couldnt get worse

>>17929074
You’re an idiot lmao

>>17928907
i'm in a deadend recession proof job, have to work with stinky boomers all day, hate my life, performed like shit the past 2 years hoping to get a severance package, now I'm scared of getting fired.

>>17929178

>>17929048
>journal
too long didn't read

>>17929143
Pelosi just fucked that up bro. No pc for u

>>17928907
Apprentice Carpenter

Very fucking nervous that all future construction is going to be cancelled. Unless we get contracted to build facilities to incinerate all the diseased of course.

dont you just love waking up in the morning and being excited to enrich your landlords and shareholders

>>17928907
Insurance. I really hope we don't insure pandemics, my job is pretty pointless.

>>17928907
i work at a grocery store (student). job should be fine

>>17928907
I make soup and protein bars at a General Mills plant.
We cannot make stuff fast enough. Sure it's only 65k a year, but I live in a cheap State where I'm paying $425 for a 2 bedroom apt with a garage.

Pretty comfy.

Airline Industry

Pic related, probably will get laid off or sent home until this thing blows over

>>17928907
There is no such thing

Programmer working on agribusiness software. Farming doesn't seem as impacted as other industries so I think I'll be ok for a little while.

>>17928907
I already got fucking laid off. Fucking sucks since I was killing it on sales, and it will take a long time before people feel confident on spending money. Before my fucking vacation too

I work in construction engineer so if the goverment doesnt spend on infrastructure I'm fucked.

>>17929039
Also doctor here. Thing is this is only gonna last max 18 months then maybe another 2 years to recover. So we’ll get like 4 year salary out of it. I shorted the market at the right time and I’ll buy back in later too. I make 400k a year and after tax what 225k. So in 4 years I’ll be better off than a lot but it’s still not fuck you money. So whatever it’s nice to be employees but it’s nothing amazing

>>17930439
How fucking unstable was your company that you've already been laid off? Jesus dude, do something with your life. This is your chance, you have been released from slavery don't just find a new master

work for a government contract, I am buying stocks and crypto on the way down and increased my 401k to 13% now

Gov employee (defence), thinking about leveraging my military experience to get into consulting now i have an understanding of the business side of government

>>17930486
Our supply got directly affected because it’s goods from China, and management was already fucking pissed at me because of other bullshit. I wanted to milk it as much as I could, but right now there is nothing to do; my gym is currently closed, and i was planning on training hard but all I can do right now is calisthenics, but it’s fucking boring.

>>17928907
I'm a trustfundbaby and most of my passive income is from rental property, so yeah.

>>17928907
Lawyer here. Im fairly confident we’ll outlast cockroaches, and if we don’t Ill just go to one of my beach houses.

>>17930668
oy vey you need a degree to read and write

>>17929182
Same. Depending on what you haul is a big factor in it all. As of right now I'm hauling construction equipment to locations. All my oilfield bros have been mega fucked and took local jobs for companies making far less than what they were. At the end of the day, having that CDL is a good hedge in the job market though

>>17928907
Defense contractor here. Federal funds are already allocated years ahead of time, and raises are still in the works for many of us. It feels both great and terrible that my kind is robbing the federal cookie jar dry. Still, financial comfort is a looooong way off from getting that "fuck you money" like everyone dreams rip

>>17930687
I cant read, and my paralegal writes for me.

>>17930716
I have no endorsements, but I figured ill just hop on some random mega and do some OTR until it all blows over. Maybe I'll haul some refeer loads, although the thought of sleeping while the refeer trailer is running sounds impossible. Right now I'm making store deliveries at Starbucks, im sure being laid off is imminent as I dont have as much seniority as other guys and retards wont have the money to continue paying for $6 coffees.
The drive thru only switch is already having its effect. Stores are ordering less than half of what we are used to

Good

>t. Working in cashless finance

>>17930222
My dad just got laid off today at the construction company where he was a site supervisor for a decade.

>>17930719
Contractors can still get cooked by the recession.2008-2009 about a quarter of personnel were terminated..

I work in an Amazon warehouse
should be ok

>>17930222
Go apply at a food warehouse. US Food or Sysco. The construction industry will be fucked

>>17930817
Unequivocally based

>>17930975
GET BACK IN YOUR CAGIE WAGIE

>>17930946
They'll always layoff field staff first. He should have jumped into project management.

>>17929178
Here I am, just got a really good paycheck this week with no bills to pay off or anything atm. Might buy up some panic-selling stocks, some of my current investments might be due for splits in the coming future

>CAD specialist in cheap, 2nd-world location
>Automotive Tier 1 supplier

I'm fucked. All OEMs halt production in EU for a week or 2. They will close my plant next week, I'm already working remote.

>>17928907
100k/year engineer at the largest company in Japan. I hope we make it. Other people are better than me...

>>17930631
Take a jog mate, also never trust the chinese

>>17929127
We are in this together, cheers.

I work for a fab shop, apparently we are set for 6 months conservatively. They eliminated overtime however no cutting hours or wages, I think we can pick up the extra hours it just won’t be paid time and a half. Still grateful