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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

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56808930 No.56808930 [Reply] [Original]

>2022
>work in fun tech company
>laid off after a year
>takes months to get new role
>2023
>opt for Globocorp job because I figure it'll stable with decent pay, career progression etc
>9 months later ultra-stable Globocorp is doing badly and is about to lay off shittons of people

What the fuck is going on with layoffs, they use to be a rarity

Also if I have 2 consecutive layoffs on my CV I figure I'm basically toast in the corporate world. What should my next career be?

>> No.56809017

Who cares? Just lie in your CV and extend time in both companies - they can't tell the difference.

>> No.56809034

>>56809017
They can if they ask for references

>> No.56809304

I work in globohomo medtech and all the major players have pulled back spend. It's now radiating out towards their thousands of vendors who hired massively during 2021. Shit is getting ugly everywhere.

>> No.56809333

>>56808930
software/tech is a massive scam. also most companies are a massive scam. executive leadership is mentally retarded and is unable to create profitability without access to practically free debt.

t. corp finance wagie at a huge corporation that laid off 5k people this summer

>> No.56809340

Things look bad because they got too hot. COVID QE fucked the whole tech market up.

>> No.56809351
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56809351

>>56809333

>software is a scam! signed, finance

>> No.56809366

>>56809034
They aren't the CIA, and even if they found out, you'd be just as fucked as if you told the truth.

>> No.56809387

>>56809366
Pretty much this. You can't go wrong with saying you are still working at your last company, they won't ask for references from management at your current company.. Hopefully you knew how to network and have ex-coworkers that can provide a solid reference.

>> No.56809388

>>56809351
i'm in a compliance role. without me the company can't legally operate. you, by your own admission, barely do any work. whatever projects you work on are likely a black hole of loss.
>>56809304
>85 IQ retard executives over-hire during COVID
>retard executives justify it by saying they are anticipating future demand increases, even relative to 2019 baseline demand (???)
>plans fail miserably
>mass layoffs
these "people" should be beaten to death with a sledgehammer.

>> No.56810195

>>56809017
>>56809034
your past employment data was automatically reported to companies like The Work Number when you got paid and hiring companies will pull that data which gives them a work history

>> No.56810276

>>56808930
Everything is a scam and token (you) not needed.

I'm being serious. Even all the large groceries are scams, with massive capital overhead and massive costs, passing on massive markups to everyone so that people can pay to work there and get ripped off.
Everything is a scam but a locally run business.