He’s a known crypto shiller. 
 Then jumped on EdTech bandwagon. 
 Now shilling AI. 
  
 I don’t have any respect for this guy.

Analyst

Yea the market is bad and going to worse.  
  
 Even after the fiasco that 2023 was, surprised people have still not learned anything and doing the same privileged dumb shit plans like before. There are no learning’s at all.

Investor

While this guy has made many false predictions in the past, the thing which he is saying I have been hearing the same from some of my seniors who have close to 2 decades of experience and have good knowledge & connections. 
  
 So there might be some truth behind this.

Software Test - QA

Do you think the worst for the job market is yet to come?

Welcome to Indian Startups's Private Community

Thoughts on this?

Consultant

Thoughts on this?- Grapevine

Welcome to Software Engineers's Private Community

Recently, I've been observing a concerning trend that I haven't observed before in my 5 years in this industry. 

A large no. of job openings are coming up at mid-sized companies and startups that require 5+ years of experience but pay 7-12 LPA. One of these companies even used to pay a decent more when I'd applied to it a few years before

Does anyone have insights on the root causes behind this trend and how it will shape up the job market going forward?

My hypotheses on root causes:-
(1) Bad job market
(2) Advent of AI

Insane number of low paying software jobs

Software Developer

What do you guys think is the reason behind the job market being at its lowest level since past 6-7 months ?

(P.s- i made a horrible mistake by joining a cpa outsourcing startup , I'm not been assigned any client for the past one year also they have not given me any kind of training. I'M FUCKING TRAPPED !!)

Job market

External Audit

Welcome to IT Company Discussion's Private Community

I'm having a total 3 yoe, which companies are hiring for hybrid/remote SDE-2 roles in ncr region?

How much hikes are you guys getting?

How is the job market currently?

Software Engineer

Welcome to News Discussion's Private Community

Today, the markets have been bleeding across USA, Japan, India due to number of reasons contributing to it. War between iran- Israel, unemployment rate in USA going up, increase in interest rates in Japan which led to the worst decline of their stock markets in history. 
We were thinking that since now openings are coming up, situation could improve. Will the situation get worse from here in the upcoming days or is it too early to say?

Markets bleeding- Sign of recession and less job opportunities

Data Scientist

Any chances that the job market recovers anytime soon? Currently HRs are super-lowballing.

Job Market Recovery?

Engineering Manager

Thought's on recent IT job market

Welcome to Personal Finance's Private Community

Interest rates will only increase. How this will impact job market a thread below! Share your opinion

Interest rates are not coming down anytime soon

Lawyer

I can't even seem to get an interview anywhere. There are no job openings. What is happening!?

How bad is the job market right now!?!?

Brand Marketing Manager

I feel at the pace AI is advancing, most of us will be unemployed. The uncertainty is making me anxious, any help appreciated :)

Anyone else feeling scared of AI induced unemployment ?

Given what RBI has gone today is effectively shut down 60-70% of Paytm’s business, to survive, Paytm will end up doing mass layoffs of a scale that we haven’t seen before in India. And potentially with limited severance (not as generous as what swiggy or Big tech has been doing)
What would this mean for the rest of job market? So much unemployment in high earning folks, limited new jobs, means very tough competition for each opening and extremely bad situation in terms of appraisals and hikes too.

Paytm layoffs? Impact on job market

I see jobs being there, but even the entry level jobs are requiring experience. I saw a associate level job posting on linkedin for a startup asking for 4-6 years experience. This is in line with the recent article at The KEN.

Are people really ready to work for low salary for high skills? 
What does this mean for the freshers, job switchers/career switchers? Are we all doomed for now?

What's your take on the market?

What's happening with the job market?

These days, I can't help but keep on thinking about post white collar labour economy and it's implication on our day to  day life.... 

We can keep on dwelling in our wishful cocoon but fact remains that world is going to be vastly different in 4-5 years vis a viz today... 

In that scenario, let's us discuss some scenario :
1. What will be impact on rental yields of tier  1 cities and consequently what will be overall impact on Indian real estate 
2. What would be impact on banking interest rates 
3. Where will you park your money in that scenario : Gold, Indian Equity , Big Tech Equity , FD, Real estate or Cash.. 

My opinion :
1. As high paying jobs for majority of people diminishes, Rental yields of tier 1 cities will come down thereby directly impacting real estate. This will result in huge NPA by those people who have taken loans for 20-30 years period. This will eventually bankrupt real estate developers thereby making real estate deflationary. 

2. We will begin to witness  overall a deflationary society where cost of services like Education, software, finance etc will drastically reduce. Moreover due to high NPAs,  banking interest rate will reduce. Home loans for tenure of 20-30 years will drastically reduce due to increased uncertainty. 

3. Gold has historically been inflation proof asset. However will it still be a good asset to invest into in a deflationary society?  What are things that will still hold value then? 

Don't you think current big techs will become East India Company of future indirectly controlling world's economy? 

I would love to know what do grapevine folks think about the same  !

Discussion about post white collar labour economics

Welcome to Office Gossip's Private Community

Had a chat with a legendary soonicorn founder yesterday evening and his take was that we are definitely not getting another bull run this decade.

I obviously think more optimistically and hopefully things will look up soon.

What do you all think about this tho?

Reply in comments. Do you all think we ever getting the bull run again? 😔

We’ll 100% see another bull run. It’s just a question of when.  
  
 Hopefully sooner rather than later, only a bull run can fix me…

Product Manager

I've been working for more than a year now at my current org and want to switch due to the poor support and management and no learning opportunities, that said I'm very much interested in FE dev(not just for short term, but I want to make it as a career in the long term as well) and have been learning(good ol React, html-css, js/ts) from the past 2 years and have built some projects and a portfolio.
Now comes the job market, straight up rejecting me mercilessly(I did get shortlisted in a few, but both ended up ghosting me afterwards), this has been going on for a few months now.
I am lost thinking what to do now 🥲, please fellow FE devs and devs in general guide me with your wisdom

Job switching and market conditions

Hi Guys ,
I started my job search in June 
Not getting much calls 
In interview the people who are taking interviews are having whole different level of attitude.
0 offer letter till date .
Feeling stuck and demotivated.

Job Market at worst?

Is 2024 gonna be even bad year for job seekers. Last 1.5 years was terrible. Please share your thoughts

2024 Outlook for Software job seekers

How's the job outlook in 2024? Heard it's supposed to get better by mid 2024, still not so sure myself, any insights would be appreciated.
Thanks

Job Market Outlook

Around mid-2023, I thought jobs would get better by January 2024. But hearing about recent layoffs and seeing lots of competition makes me doubt when things will actually improve.

I get that the job market goes up and down, but I just want it to be a bit normal, not necessarily back to the best it's ever been.

What's weird to me is that stocks seem okay, but jobs aren't doing so well.

Thoughts on this?

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