Echoing what BudgieMania said, think of companies like Peloton and Zoom, or even Amazon. In the peak of the pandemic they grew like crazy, and they hired staff like there was no tomorrow. Tech firms of all kinds outpaced the rest of the economy because everything went digital almost overnight, and people stuck at home completely transformed their consumption patterns. Turns out there was a tomorrow, and after things settled down, life returned to normal, and folks started returning to offices, demand for some of those digital products fell back to Earth. Also what feels like the bottom dropping out to employees is actually a significant net uptick in job creation. That certainly doesn’t help the folks currently out of work (my partner is actually one of them), but it’s much more of a right-sizing than a down-sizing, all things considered.
It’s a shame that Aunt Teefa burned it down in the race riots of 2020. /s
Definitely come check it out if you can. Pike Place is actually fun to check out (ignore the ‘first’ Starbucks because it is just a coffee shop). Seattle Center, which you can get to by bus, scooter or monorail (it put us on the map!), has a decent amount of shit to do. Check out some of the neighborhoods outside of downtown like Queen Anne (Kerry Park), Capital Hill, Fremont, International District, etc. And if you want to venture out of the city, you can take a ferry to Vashon or Bainbridge or if mountains are more your style, head east to hit up a shit ton of them.
Absolutely. If you like beer at all, there are like two dozen breweries there. I just wish it did not take so goddamn long to get there. I say that as someone who lived there off and on for like five years. I miss going to the Sloop.
Meanwhile, tech companies continue to lay off tens of thousands. Great american economy.
What is up with that? Any good reasons behind that?
Echoing what BudgieMania said, think of companies like Peloton and Zoom, or even Amazon. In the peak of the pandemic they grew like crazy, and they hired staff like there was no tomorrow. Tech firms of all kinds outpaced the rest of the economy because everything went digital almost overnight, and people stuck at home completely transformed their consumption patterns. Turns out there was a tomorrow, and after things settled down, life returned to normal, and folks started returning to offices, demand for some of those digital products fell back to Earth. Also what feels like the bottom dropping out to employees is actually a significant net uptick in job creation. That certainly doesn’t help the folks currently out of work (my partner is actually one of them), but it’s much more of a right-sizing than a down-sizing, all things considered.
In most cases, they hired and grew at an irresponsible rate in 2021-2022
Just compare the growth in employees in Microsoft in 2021-2022 compared to the 5 previous years or so
Of course, the employees are not to blame for that and should not pay for that, but that’s how they roll I guess…
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Private equity is likely the case
I love looking for tech oriented jobs here in Seattle. /s
Don’t shit on my seattle! /s never been
It’s a shame that Aunt Teefa burned it down in the race riots of 2020. /s
Definitely come check it out if you can. Pike Place is actually fun to check out (ignore the ‘first’ Starbucks because it is just a coffee shop). Seattle Center, which you can get to by bus, scooter or monorail (it put us on the map!), has a decent amount of shit to do. Check out some of the neighborhoods outside of downtown like Queen Anne (Kerry Park), Capital Hill, Fremont, International District, etc. And if you want to venture out of the city, you can take a ferry to Vashon or Bainbridge or if mountains are more your style, head east to hit up a shit ton of them.
Screw all that. Come to Ballard and get drunk.
Absolutely. If you like beer at all, there are like two dozen breweries there. I just wish it did not take so goddamn long to get there. I say that as someone who lived there off and on for like five years. I miss going to the Sloop.
Hey, light rail in 2034, baby!