Shaq_Attack_32 t1_izq6wju wrote on December 11, 2022 at 12:48 AM

Reply to comment by [deleted] in Tech Workers React to Ongoing Industry Layoffs With Shock by Sorin61

The Valuations are in a bubble?

dungone t1_j0qdw1z wrote on December 18, 2022 at 5:22 PM

These people seem to believe that the labor market is in a "bubble". There is this big belief that engineering wages are determined by a company's market cap, or something.

[deleted] t1_izq7v6m wrote on December 11, 2022 at 12:56 AM

[removed]

sobanz t1_izr21a2 wrote on December 11, 2022 at 5:16 AM

most tech companies monetization methods would die if a real recession hit and it's looking like that may be around the corner.

Shaq_Attack_32 t1_izr2t8k wrote on December 11, 2022 at 5:22 AM

I don’t think that is true. Also, that is not what a bubble is.