A lot of peopler were asking me about layoffs, recessions, and what to do in the current situation. Well I have something to say and everyone asking me this question needs to listen!
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Comment “#HarryBhai” if you read this 😉😉…(read more)
BREAKING: Recession News
LEARN MORE ABOUT: Bank Failures
REVEALED: Best Investment During Inflation
HOW TO INVEST IN GOLD: Gold IRA Investing
The COVID-19 pandemic has brought devastating effects to the world’s economy. Many companies have been struggling to keep their employees as business activities decrease. The situation has resulted in massive layoffs, pay cuts, and furloughs. The uncertainty of the recession has made it difficult for people to plan their future as it has affected the job market, stocks, and businesses across industries.
The situation is worse for industries such as tourism, hospitality, and entertainment, which rely heavily on social activities, and these sectors have suffered significant losses due to the pandemic. Layoffs started in March 2020, and the number has been increasing since then. In the United States alone, more than 57 million people have filed for unemployment benefits since the start of the pandemic, and many businesses filed for bankruptcy or closed their doors.
The pandemic recession is different from the previous recession as it was not caused by any economic or financial crisis but by a public health emergency. As the situation improves gradually with the distribution of vaccines, there is a hope of recovery and the possibility that some companies will be able to re-hire their employees. However, the process is slow as people are still hesitant to spend money in areas that were hard-hit during the pandemic. This has made it challenging to stimulate the economy and increase spending.
The government and financial institutions have worked together to mitigate the effects of the recession. They have implemented different measures such as stimulus checks, grants, and loans to support businesses and individuals. The low-interest rates have also encouraged people to borrow and invest, increasing consumption levels. The government has also increased funding in the healthcare sector to fight the pandemic, ensuring the safety and health of the population.
Predicting the end of the recession is difficult as it largely depends on how the pandemic will progress and how long it will take for things to return to normal. However, the vaccination process and the improvement in the pandemic situation globally have raised hopes of recovery. Investors and businesses have started to make investments again, and the stock market is showing signs of improvement.
In conclusion, the pandemic has had a significant impact on the world’s economy, causing a recession and massive layoffs. However, the gradual improvement in the pandemic situation, the government’s interventions, and low-interest rates provide a glimmer of hope for recovery. It is important for businesses to plan and adapt to the changing situation to stay afloat during these challenging times. With careful planning and management, it is possible to get through the crisis and thrive.
Situation now
ya !! its good to work on your skill but this is one of the big reason why still many people believe on government job as atleast u will always have a job securement there…!!
#HarryBhai
Firing kahin bhi ho sakti hai….if you normal pressure or high work pressure
Recession is most likely the result of an external factor. For the first time in decades, the United States is losing its clout as a federal reserve currency. They don't have any more economies to use to control inflation, and less money is being spent on stock and oil trading than in the past. They all lend support to the idea that a new multilateral world order is in the works.
Deloitte is the worst company to join as a fresher my friend got selected here . His joining date was delayed by one year but he choose this organisation above other two offers that he got . After joining, there was a training of 3 months. This 3 month splitted in two half first 2 months of training in a domain that they never heard off or did not have that depth in knowledge while studying in College after that you will work under a coach/manager that is called shadow project. Once this shadow project is done they will evaluate you on the basis of 1 month of work you done. I don't know how can they judge a person from 3-4 weeks of sadow project. My friend got fired from the organisation as they told, he does not match the expectations and there is no support project. They will call you and force you to fill the resignation latter by EOD. A person right after completing his/her study need some time to copup with the corporate pace that you will get in TCS or Infy but it is totally shock us the way this organisation treat freshers. If you judge my friend as how he was in academics …he was (9 – 9 – 9). And he is a decent and shy person as a nature. I know he will succeed in life , he can again crack 3-4 interviews but as of now he need some moral boost , just after starting a new phase in life this should not be happen to anyone. Best of luck to all of you and please raise your voice.
Thank you harrry bhai you are incredible
peleipua bahuta gapuchhu maghiaa
You didn't answered when recession will end
The root problem of all this is the overflow of population in our country. Too many competitors have less value in the job.
I am a doctor completing md anesthesiology in 2 months..I have learned a lot from you in past 6 months.hopefuly I can dedicate more time in future coding and learning from you..Tussi great ho…love u man..
Abe tu seedha baat jaldi batana
I just hate employers
I’m terminated and trying to get new job. I have lot of skills in Data Science now and certifications . Still searching for job .
Frankly speaking underworking and unneeded tech employees are being laid off.
Still its effects are quite low in india as compared to USA.
Bsdk agar job rahega ho nhi to jaaoge kha … Skills nhi h beta Google ka job Bina skills k to nhi milta … Fir fire kyu Kiya Jaa rha h simple Bhai job cut ho rha isme. Skills ka kuch Lena Dena hai .. aur company lottery kar kar k sabko nikal Rahi h … Chutiya sad ki baat h mai v iss trap me fas gya … Benchod jitna v hard work Kiya sala direct fire kar rahe h 8 certification Kiya… Promotion Mila fir v they don't want me .. aur it does not really matter what are you doing.. aur ye koi EYY kar Rahi h … Bolne se pahale root Tak jaao … Condition dekh k bolo agar
are Hadoop jobs gone?
Are end kab hoga wo to bolo, main socha analysis hoga layoff ka. Ye to gyan ka video hai.
Eye opener..what u told is absolutely correct
I used to think everybody went broke during the Great Depression and other major crashes but they didn’t… Some made millions, I also thought everybody went out of business during these times but they didn’t, some went into business, there's always depression/recession for some people and there's always a good time for others, it's all about perspective.
aur v easy me padhaoo and acha lag raha hai. more Project kar k dikayiye bhai. Ham v karenge task. jese ham kavi v fire nahi huen company se..
Moral of the story,. Keep upskilling yourself
Keep learning and keep growing
Software Engineers are taking 40- 50 lakhs salary, their actual worth is very less they don't deserve this huge salary, they are unproductive does not add any value, hence they need to be layoff and fired.
When will it end? Answer next video mein?
thanks for empowering it definitely help thousands like me to gain more confidence and ambition to provide theirs selves as a good resource..
thank you so much this useful info