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deleted19776
I post too much
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Joined: 29 Apr 2007
Posts: 3838
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 Posted: Wed Jan 13, 2016 11:20 pm Post subject: |
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| We'll see what happens with the incoming recession... Whether I'll get a full time offer upon graduation or not. Banking is a stable industry for techies right? Yeah? Hopefully. Bernie and Elizabeth would wreck my bonuses though... that's no fun.
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AverageAzn247
Grandmaster Cheater
 Reputation: 34
Joined: 01 Oct 2007
Posts: 909
Location: Austin,TX with 72 virgins
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| Posted: Thu Jan 14, 2016 12:09 am Post subject: |
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| Waxxup wrote: | | We'll see what happens with the incoming recession... Whether I'll get a full time offer upon graduation or not. Banking is a stable industry for techies right? Yeah? Hopefully. Bernie and Elizabeth would wreck my bonuses though... that's no fun. |
are you retarded? We aren't in a recession. China may go to shit but the overall US economy is solid excluding oil and commodities.
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| Waxxup wrote: | What are Night Elves?
A girl group? |
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BreakinGods
How do I cheat?
 Reputation: 17
Joined: 13 Jan 2013
Posts: 0
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| Posted: Thu Jan 14, 2016 1:19 am Post subject: |
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| AverageAzn247 wrote: | | Waxxup wrote: | | We'll see what happens with the incoming recession... Whether I'll get a full time offer upon graduation or not. Banking is a stable industry for techies right? Yeah? Hopefully. Bernie and Elizabeth would wreck my bonuses though... that's no fun. |
are you retarded? We aren't in a recession. China may go to shit but the overall US economy is solid excluding oil and commodities. |
You might not get a good job right after graduation with no experience. Get where you can even if you need to work for free for some credentials.
AverageAzn I wouldn't say recession, but the poor/middle class is very oppressed.
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I'm a young producer and rapper from Washington D.C. |
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teeigeryuh
Master Cheater
 Reputation: 25
Joined: 13 Oct 2008
Posts: 262
Location: The netherlands
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| Posted: Thu Jan 14, 2016 2:14 am Post subject: |
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why is everything politics
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ლ(╹◡╹ლ) |
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deleted19776
I post too much
![]() Reputation: 11
Joined: 29 Apr 2007
Posts: 3838
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| Posted: Thu Jan 14, 2016 9:06 am Post subject: |
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| AverageAzn247 wrote: | | Waxxup wrote: | | We'll see what happens with the incoming recession... Whether I'll get a full time offer upon graduation or not. Banking is a stable industry for techies right? Yeah? Hopefully. Bernie and Elizabeth would wreck my bonuses though... that's no fun. |
are you retarded? We aren't in a recession. China may go to shit but the overall US economy is solid excluding oil and commodities. |
Incoming recession. Your IBM job may be on the line too. Go read more about how debt cycles work. Here's a good video:
https://www.youtube.com/watch?v=PHe0bXAIuk0
Edit: @BreakinGods: I do have an internship lined up at an (evil) big bank in NYC this summer, but knowing their nature, they can and will let people go if it maximizes profit. But the banking sector is less cyclical in terms of technology workers right?
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ControlAltDelete
Friendly Giant
 Reputation: 157
Joined: 03 Mar 2007
Posts: 2396
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| Posted: Thu Jan 14, 2016 4:19 pm Post subject: |
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why'd you pick such a cutthroat career choice if you weren't confident in it
_________________
| Shrooms wrote: | | but sadly this is 1984 and western civilization the last ones standing at the top of titanic before it sinks...no matter what you do, they know |
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AverageAzn247
Grandmaster Cheater
Reputation: 34
Joined: 01 Oct 2007
Posts: 909
Location: Austin,TX with 72 virgins
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| Posted: Thu Jan 14, 2016 10:31 pm Post subject: |
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| Waxxup wrote: | | AverageAzn247 wrote: | | Waxxup wrote: | | We'll see what happens with the incoming recession... Whether I'll get a full time offer upon graduation or not. Banking is a stable industry for techies right? Yeah? Hopefully. Bernie and Elizabeth would wreck my bonuses though... that's no fun. |
are you retarded? We aren't in a recession. China may go to shit but the overall US economy is solid excluding oil and commodities. |
Incoming recession. Your IBM job may be on the line too. Go read more about how debt cycles work. Here's a good video:
https://www.youtube.com/watch?v=PHe0bXAIuk0
Edit: @BreakinGods: I do have an internship lined up at an (evil) big bank in NYC this summer, but knowing their nature, they can and will let people go if it maximizes profit. But the banking sector is less cyclical in terms of technology workers right? |
you think too much. "job security" varies too much company to company to say such a generic assumption. Wells Fargo is far healthier and can weather much worse crisis than most other banks such as BoA. As long as Ginni wants to play the cloud wars, my job is safe. As far the world entering a recession, this same shit happened in August. My advice is buy into the dip. cough cough apple.
| TheIndianGuy wrote: | | they will keep you til the can replace you with something/someone cheaper and/ot more efficient. |
as long as you are willing to learn and adapt, this wont happen. It takes weeks or even months to bring someone up to speed on project and thats excluding the recruiting process. The costs of hiring replacements isn't cheap in skilled labor.
_________________
| Waxxup wrote: | What are Night Elves?
A girl group? |
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deleted19776
I post too much
![]() Reputation: 11
Joined: 29 Apr 2007
Posts: 3838
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| Posted: Fri Jan 15, 2016 12:38 am Post subject: |
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| AverageAzn247 wrote: | | Waxxup wrote: | | AverageAzn247 wrote: | | Waxxup wrote: | | We'll see what happens with the incoming recession... Whether I'll get a full time offer upon graduation or not. Banking is a stable industry for techies right? Yeah? Hopefully. Bernie and Elizabeth would wreck my bonuses though... that's no fun. |
are you retarded? We aren't in a recession. China may go to shit but the overall US economy is solid excluding oil and commodities. |
Incoming recession. Your IBM job may be on the line too. Go read more about how debt cycles work. Here's a good video:
https://www.youtube.com/watch?v=PHe0bXAIuk0
Edit: @BreakinGods: I do have an internship lined up at an (evil) big bank in NYC this summer, but knowing their nature, they can and will let people go if it maximizes profit. But the banking sector is less cyclical in terms of technology workers right? |
you think too much. "job security" varies too much company to company to say such a generic assumption. Wells Fargo is far healthier and can weather much worse crisis than most other banks such as BoA. As long as Ginni wants to play the cloud wars, my job is safe. As far the world entering a recession, this same shit happened in August. My advice is buy into the dip. cough cough apple.
| TheIndianGuy wrote: | | they will keep you til the can replace you with something/someone cheaper and/ot more efficient. |
as long as you are willing to learn and adapt, this wont happen. It takes weeks or even months to bring someone up to speed on project and thats excluding the recruiting process. The costs of hiring replacements isn't cheap in skilled labor. |
Good points. Finally you didn't lob personal attacks at me. The bull market in equities have gone on for too long, and cracks in earnings and China are appearing. I suppose you could argue for a 90s bull market situation, and by the looks of the lack of irrational exuberance, I suppose there is actually a decent chance of that. Which then it's fine for the markets. But stock markets don't reflect the economy many times, the early 90s recession was exactly that, and the stock market still didn't take a huge dip.
If I absolutely need to put my money in something, I'd probably say a recession will take place soon, but I doubt a significant bear market will happen in equities since there wasn't much of an irrational exuberant bubble to begin with. Rising due to quantitative easing is a rational thing. Given you've been in the workplace longer, you support keeping your skills updated but what's the point when you're the new hire that the firm is more willing to let go of?
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AverageAzn247
Grandmaster Cheater
Reputation: 34
Joined: 01 Oct 2007
Posts: 909
Location: Austin,TX with 72 virgins
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| Posted: Fri Jan 15, 2016 12:54 am Post subject: |
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| Waxxup wrote: | | AverageAzn247 wrote: | | Waxxup wrote: | | AverageAzn247 wrote: | | Waxxup wrote: | | We'll see what happens with the incoming recession... Whether I'll get a full time offer upon graduation or not. Banking is a stable industry for techies right? Yeah? Hopefully. Bernie and Elizabeth would wreck my bonuses though... that's no fun. |
are you retarded? We aren't in a recession. China may go to shit but the overall US economy is solid excluding oil and commodities. |
Incoming recession. Your IBM job may be on the line too. Go read more about how debt cycles work. Here's a good video:
https://www.youtube.com/watch?v=PHe0bXAIuk0
Edit: @BreakinGods: I do have an internship lined up at an (evil) big bank in NYC this summer, but knowing their nature, they can and will let people go if it maximizes profit. But the banking sector is less cyclical in terms of technology workers right? |
you think too much. "job security" varies too much company to company to say such a generic assumption. Wells Fargo is far healthier and can weather much worse crisis than most other banks such as BoA. As long as Ginni wants to play the cloud wars, my job is safe. As far the world entering a recession, this same shit happened in August. My advice is buy into the dip. cough cough apple.
| TheIndianGuy wrote: | | they will keep you til the can replace you with something/someone cheaper and/ot more efficient. |
as long as you are willing to learn and adapt, this wont happen. It takes weeks or even months to bring someone up to speed on project and thats excluding the recruiting process. The costs of hiring replacements isn't cheap in skilled labor. |
Good points. Finally you didn't lob personal attacks at me. The bull market in equities have gone on for too long, and cracks in earnings and China are appearing. I suppose you could argue for a 90s bull market situation, and by the looks of the lack of irrational exuberance, I suppose there is actually a decent chance of that. Which then it's fine for the markets. But stock markets don't reflect the economy many times, the early 90s recession was exactly that, and the stock market still didn't take a huge dip.
If I absolutely need to put my money in something, I'd probably say a recession will take place soon, but I doubt a significant bear market will happen in equities since there wasn't much of an irrational exuberant bubble to begin with. Rising due to quantitative easing is a rational thing. Given you've been in the workplace longer, you support keeping your skills updated but what's the point when you're the new hire that the firm is more willing to let go of? |
you are pretty naive to not know the pecking order. Its interns,contractors, older workers, under performers, new hires, then everyone else. It isn't cheap to let go of new hires because of signing bonuses and the amount of time spent training them. Usually its the older folks near retirement who are more expensive to maintain that are let go.
_________________
| Waxxup wrote: | What are Night Elves?
A girl group? |
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AverageAzn247
Grandmaster Cheater
Reputation: 34
Joined: 01 Oct 2007
Posts: 909
Location: Austin,TX with 72 virgins
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| Posted: Fri Jan 15, 2016 12:59 am Post subject: |
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| TheIndianGuy wrote: | | AverageAzn247 wrote: | | Waxxup wrote: | | AverageAzn247 wrote: | | Waxxup wrote: | | We'll see what happens with the incoming recession... Whether I'll get a full time offer upon graduation or not. Banking is a stable industry for techies right? Yeah? Hopefully. Bernie and Elizabeth would wreck my bonuses though... that's no fun. |
are you retarded? We aren't in a recession. China may go to shit but the overall US economy is solid excluding oil and commodities. |
Incoming recession. Your IBM job may be on the line too. Go read more about how debt cycles work. Here's a good video:
https://www.youtube.com/watch?v=PHe0bXAIuk0
Edit: @BreakinGods: I do have an internship lined up at an (evil) big bank in NYC this summer, but knowing their nature, they can and will let people go if it maximizes profit. But the banking sector is less cyclical in terms of technology workers right? |
you think too much. "job security" varies too much company to company to say such a generic assumption. Wells Fargo is far healthier and can weather much worse crisis than most other banks such as BoA. As long as Ginni wants to play the cloud wars, my job is safe. As far the world entering a recession, this same shit happened in August. My advice is buy into the dip. cough cough apple.
| TheIndianGuy wrote: | | they will keep you til the can replace you with something/someone cheaper and/ot more efficient. |
as long as you are willing to learn and adapt, this wont happen. It takes weeks or even months to bring someone up to speed on project and thats excluding the recruiting process. The costs of hiring replacements isn't cheap in skilled labor. |
im referring to machines. |
the day machines learn to code and program better than humans is when skynet takes over. I think there be worse issues than losing my job at that point
_________________
| Waxxup wrote: | What are Night Elves?
A girl group? |
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deleted19776
I post too much
![]() Reputation: 11
Joined: 29 Apr 2007
Posts: 3838
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| Posted: Fri Jan 15, 2016 6:52 pm Post subject: |
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| AverageAzn247 wrote: | | you are pretty naive to not know the pecking order. Its interns,contractors, older workers, under performers, new hires, then everyone else. It isn't cheap to let go of new hires because of signing bonuses and the amount of time spent training them. Usually its the older folks near retirement who are more expensive to maintain that are let go. |
Welp, you finally got back to personal attacks. I'm still impressed I've actually learned something helpful for my career on this forum, that I never learned continuously reading on other career forums, all from someone who dislikes me. So yeah, there is a great percentage chance of me getting shafted this year if a recession comes. Hopefully, the hiring effects will be delayed until after December 2016. I guess there's really no good reason to continue this discussion, so thanks for the info even with your personal attacks.
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HackOtaku
I posted the 500000th topic
 Reputation: 81
Joined: 31 May 2007
Posts: 228
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| Posted: Fri Jan 15, 2016 8:23 pm Post subject: |
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| Waxxup wrote: | | AverageAzn247 wrote: | | you are pretty naive to not know the pecking order. Its interns,contractors, older workers, under performers, new hires, then everyone else. It isn't cheap to let go of new hires because of signing bonuses and the amount of time spent training them. Usually its the older folks near retirement who are more expensive to maintain that are let go. |
Welp, you finally got back to personal attacks. I'm still impressed I've actually learned something helpful for my career on this forum, that I never learned continuously reading on other career forums, all from someone who dislikes me. So yeah, there is a great percentage chance of me getting shafted this year if a recession comes. Hopefully, the hiring effects will be delayed until after December 2016. I guess there's really no good reason to continue this discussion, so thanks for the info even with your personal attacks. |
You are being way too sensitive.
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ControlAltDelete
Friendly Giant
Reputation: 157
Joined: 03 Mar 2007
Posts: 2396
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| Posted: Fri Jan 15, 2016 8:25 pm Post subject: |
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| ControlAltDelete wrote: | | why'd you pick such a cutthroat career choice if you weren't confident in it |
_________________
| Shrooms wrote: | | but sadly this is 1984 and western civilization the last ones standing at the top of titanic before it sinks...no matter what you do, they know |
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AverageAzn247
Grandmaster Cheater
Reputation: 34
Joined: 01 Oct 2007
Posts: 909
Location: Austin,TX with 72 virgins
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| Posted: Fri Jan 15, 2016 8:27 pm Post subject: |
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| HackOtaku wrote: | | Waxxup wrote: | | AverageAzn247 wrote: | | you are pretty naive to not know the pecking order. Its interns,contractors, older workers, under performers, new hires, then everyone else. It isn't cheap to let go of new hires because of signing bonuses and the amount of time spent training them. Usually its the older folks near retirement who are more expensive to maintain that are let go. |
Welp, you finally got back to personal attacks. I'm still impressed I've actually learned something helpful for my career on this forum, that I never learned continuously reading on other career forums, all from someone who dislikes me. So yeah, there is a great percentage chance of me getting shafted this year if a recession comes. Hopefully, the hiring effects will be delayed until after December 2016. I guess there's really no good reason to continue this discussion, so thanks for the info even with your personal attacks. |
You are being way too sensitive. |
Did pop his safe spot?
_________________
| Waxxup wrote: | What are Night Elves?
A girl group? |
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ControlAltDelete
Friendly Giant
Reputation: 157
Joined: 03 Mar 2007
Posts: 2396
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| Posted: Fri Jan 15, 2016 8:30 pm Post subject: |
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r u guys cut out for silicon valley?
_________________
| Shrooms wrote: | | but sadly this is 1984 and western civilization the last ones standing at the top of titanic before it sinks...no matter what you do, they know |
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