[LouisContant]

> The coming tightening of hiring will also inevitably mean the tightening of infrastructure budgets.

What indicates a coming tightening of hiring soon?

[claytonjy]

Seems notable that just today Uber's CEO sent a letter to everyone that said, among other things, that hiring is tightening. Just one firm, but a big well-known one.

[no_wizard]

Meta too

[pm90]

Stock doing poorly -> public company CEOs want to please wall street by showing greater revenue -> layoff (employees are largest cost center for tech companies)

[theturtletalks]

Stock doing well -> public company CEOs want to justify by showing greater growth -> hiring

[Adraghast]

The purpose of interest rate hikes is to dampen demand. The less demand there is for goods and services, the less need there is for workers to provide them.