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by wizzairflyer 2362 days ago
It's not the first article I read on HN about an upcoming recession. This is for sure self-centered but the questions I end up asking myself are mainly how it'll affect my life and career.

Questions like if there was a recession tomorrow would I still be able to apply at a cushy well-paid faang job or if it is even smart to switch job now since the newer you are the more likely your are to be cut off if there is a need for downsizing.

I've never lived through a recession as a working individual hence why the prospect makes me nervous. I figure that, over the course of one's life, one goes through a few of them and that (mostly) everyone seems to make it out ok but if someone has some insights to share I'll be grateful.

2 comments

I've seen all sorts get laid off during downsizing. Doesn't matter about age, tenure, usefulness, etc. Full departments just get cut.

Thing that helped me most is diversification and conservatism.

Diversification: 1) wife has job in different industry, 2) my skills are applicable to different industries and especially different locations, 3) side projects make some money.

Conservatism: I only splurge on my main hobby and go cheap on everything else. I can cut my expenses down fast (house -> apartment; apartment -> live with family; car -> public transit).

> It's not the first article I read on HN about an upcoming recession.

Articles about an upcoming recession have been increasing in popularity in HN steady out since around 2016, by my observation.