this post was submitted on 07 Jul 2023
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High stress and job insecurity have many tech executives turning to alcohol and controlled substances to cope, a new survey says.

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[–] [email protected] 28 points 1 year ago (3 children)

What makes this extra fun is the corps and media saying there's going to be a recession "any day now" for 11 goddamned months straight. My job is OK but my company is stable and I'm not going to leave just to get laid off the day after "any day now"

[–] [email protected] 5 points 1 year ago

My CEO (of a tech trade association) has been calling it a fake recession since the month before ‘it’ hit.

[–] [email protected] 5 points 1 year ago (1 children)

Maybe they say there will be a recession to keep people scared, to keep people clinging to jobs they don't like because if there's a recession it will be hard to get hired elsewhere

[–] [email protected] 3 points 1 year ago

That's been my thought as well

[–] [email protected] 2 points 1 year ago

Yeah, they say it, but the collapse of commercial real estate isn't going to have the affect that the collapse of residential real estate did.

Even then, the economy is still hopped up on stimulus, pent up demand, and lowered labor participation.