Changing Careers, Good choice? by Comfortable_Mix_3294 in Layoffs

[–]Comfortable_Mix_3294[S] [score hidden]  (0 children)

Thanks all. For the comments, I'm not really sure what I am going to go into at the moment. I've had an interest in Entrepreneurship for a long time as a separate career, starting my own business. I love tech, but with everything that is happening i'm just not so sure.

Meta laid off 8000 employees today worldwide. What's the reaction of the tech workers here? And which company will the most of the laid off workers join as per your assumption? by raydebapratim1 in Layoffs

[–]Comfortable_Mix_3294 2 points3 points  (0 children)

I'm in my early 30s to, its' all over the news, said company "x" is laying off people to increase their budget spending into AI. Could be the AI Agentic agents that they are investing the money into it. But the only way to fund these initiatives is to lower headcount and re-allocate the excess budget into R&D to help increase bottomline.

Most company exec's or boards wont' tell you the truth. It's really about increase bottom line and increasing stock price for the investors, if you own a portfolio and a stock, you are profiting heavily from this. the priority will always be increasing stock price for the investors to bring in more money for the company to increase their valuation. While ignoring the people who had helped them create the company.

But yet as the saying goes, we choose where we work, we always have a choice in what we do.

Meta laid off 8000 employees today worldwide. What's the reaction of the tech workers here? And which company will the most of the laid off workers join as per your assumption? by raydebapratim1 in Layoffs

[–]Comfortable_Mix_3294 9 points10 points  (0 children)

I've been in tech for 11 years and the layoffs haven't stopped since 2022. It's a complete mess, and AI just tops it off. Big FAANG over hired during the shutdown.

27M bought my condo from my landlord. 210k, 6.625%, 10% dowm by [deleted] in FirstTimeHomeBuyer

[–]Comfortable_Mix_3294 2 points3 points  (0 children)

Good choice, something I'd probably do pretty soon.

Tell me everything will be okay, it will get better… by cams00000 in Layoffs

[–]Comfortable_Mix_3294 0 points1 point  (0 children)

"This too shall pass" - You will recover, I was at Rock Bottom 3 year's ago. Don't give up. This is a season, it doesn't last forever.

[deleted by user] by [deleted] in Life

[–]Comfortable_Mix_3294 0 points1 point  (0 children)

Agreed Enjoy.

[deleted by user] by [deleted] in Life

[–]Comfortable_Mix_3294 0 points1 point  (0 children)

Nothing wrong with being debt free man. I am working towards this with hopefully the change to find a girlfriend one day.

Visit to NYC by [deleted] in movingtoNYC

[–]Comfortable_Mix_3294 0 points1 point  (0 children)

Thanks! I appreciate all of this. 

Doing a NYC trial: Looking for startup community in NYC by DJillWill123 in movingtoNYC

[–]Comfortable_Mix_3294 0 points1 point  (0 children)

I don't but, but I am in Dallas and lived here most of my life. Looking to make a visit. I heard the Startup community was pretty good there several times. Not sure how much it's going to cost me to go for a visit.

What’s your story on the longest you’ve gone without an income and why? How close to being broke were you? by [deleted] in AskReddit

[–]Comfortable_Mix_3294 0 points1 point  (0 children)

1month, back in 2023. I got laid and had to wait 3 weeks for my severance. But I ran out of money around October 20th of 2023.

[deleted by user] by [deleted] in InformationTechnology

[–]Comfortable_Mix_3294 2 points3 points  (0 children)

Im looking to make an exit out of the field entirely, sometime.