I agree with your take. It was obvious to my VP. It's not obvious to the rest of the enterprise (yet).

But I think it's just a matter of when not if.

My current guess at my slow fortune 500 is ~1-2 years before we see real employment impact.

Startups are happening now at least with my anecdotal conversations. Right now the discussion is more just slower growth than actually doing layoffs. That coin will flip at some point.

Yeah that's the idea. They hold corporations hostage that are slow to move and increase prices.

And it’s entirely plausible they make enough money from that to buy the next VMware in another decade or so to repeat the cycle. Sustainable bottom feeding as a strategy.

Generically speaking no.

There's some exceptions, USDA, VA, and FHA loans. All government programs. But it's tied to the property so only transferable to the purchaser. Very rare here even now with rates changing so much.

>> American households, on average, have $41,600 in savings, according to data last collected by the Federal Reserve in 2019.

Average vs Median strikes again.

Median household has 4k. 70% don't break 10k.

It's the high end that weighs on that average pretty hard.

Not my intention. That’s why I provided the sources.

The data in the last link really is worth checking out. I don’t disagree with you, but the numbers I’ve seen numbers are off quite a bit from what you’re quoting.

Source?

Age Group Mean Net Worth Median Net Worth

Less than 35 $76,300 $13,900

35-44 $436,200 $91,300

45-54 $833,200 $168,600

55-64 $1,175,900 $212,500

65-74 $1,217,700 $266,400

75 or more $977,600 $254,800

https://www.firstrepublic.com/insights-education/average-ame...

I think private CAs are a mistake if only because of all the time wasted on certificate errors from improperly configured platforms. Don't forget that some languages don't respect system stores.

If those platforms hasn't been configured with the most basic things such as the company CA, there's going to be lots of other headaches too, including security.

How do you enforce authentication standards in that kind of environment, let along an internal user directory?

No software can enter an environment completely unconfigured and be expected to work.

Unless you are involved in that sale discussion or otherwise have a retention bonus I wouldn't go down with the ship.

Why? Sounds like a comfy few months that you get paid during and then can get unemployment for a few more while you look for your next position.

The real question OP is asking is the job market going to be bad in a few months.

With the announcement or announcement of announcements of layoffs at bigger organizations seems to indicate it might not be. But if OP isn't looking for a FAANG job, then they'll probably be fine. My employer, who I don't represent here and so won't mention, is currently looking for positions to fill, so layoffs from FAANG is often to our benefit.

Probation is a legal term that has implications like you can let someone go for no reason. Most places don't have zero worker rights like the US does.

Where I live there is almost always 30-180 days probation period and then the contract turns into permanent. Usually not a big deal.

Leaving a fulltime position becomes a gamble.

Usually during this period you can also leave at will. I think it is in law that the contract should be symmetrical for both sides. The system seems to be working ok-ish.

And that is why you actually need a decent reason to leave. Be it money, seemingly better culture or more interesting work.

It's always a gamble to some degree.

Not when you are not working.

Have you already paid? Ask for a "pay for delete agreement" if you haven't

When I spoke to collections they assured me it wouldn’t end up on my credit report, so I payed.

Sounds like fraud. Do you have the communications?

Unfortunately not, because it was over the phone.

I vaguely recall that even in 2-party consent states recording lawlessness is still legal. Are there a y lawyers here who could chime in?

> You need an Apple device to watch Apple TV+

I watched severance on a Roku so I know that isn't true.

No, you don't. You need an Apple account.

I would argue the lack of atmosphere and high cost of shipping materials is a LVT in and of itself. You only build things that are useful on Mars.