California is ****

[tsuke]

Twitter is twitter but Meta just announced massive layoffs as well. Theres a ton of smaller tech companies too and they have uniformly cut about 10-30% of thier staff. Compounding the issue is that these are good paying jobs that create other jobs. The restaurants cant very well exist if all their customers have no money as one example.

Normally these people would be snapped up by other tech companies but most of them have announced freeze hiring.

Tech companies also rely a lot on ad revenue and if we do enter recession then ads are the first thing other companies will cut. Not to mention most of the bottom tier tech companies rely on valuation to stay afloat and the stock market has made it clear they are now looking for revenue and profit not nebulous concepts such as "growth"

The tax base of California is about to go on unemployment.

 

[Dutch Uncle]

The states are laboratories of Democracy. Let California serve as an example of what the other 49 states should never do.

 

[Yakuda]

Twitter is twitter but Meta just announced massive layoffs as well. Theres a ton of smaller tech companies too and they have uniformly cut about 10-30% of thier staff. Compounding the issue is that these are good paying jobs that create other jobs. The restaurants cant very well exist if all their customers have no money as one example.

Normally these people would be snapped up by other tech companies but most of them have announced freeze hiring.

Tech companies also rely a lot on ad revenue and if we do enter recession then ads are the first thing other companies will cut. Not to mention most of the bottom tier tech companies rely on valuation to stay afloat and the stock market has made it clear they are now looking for revenue and profit not nebulous concepts such as "growth"

The tax base of California is about to go on unemployment.

That toilet is is run by a leftist retard so I don't know what else we could expect from California.

 

[Earl]

The tax base is leaving.

Free stuff for illegals (non-citizens) will cease.

Perhaps the state can recover if the far left Democrat Socialist loons will go away.

 

[Yakuda]

The tax base is leaving.

Free stuff for illegals (non-citizens) will cease.

Perhaps the state can recover if the far left Democrat Socialist loons will go away.

Not likely. They are either too stupid or too stubborn to read the situation. Instead of looking at their own behavior for why people are abandoning them they blame it on republicans who they claim are destroying democracy. I think they are flat out retards.

 

[BidenPresident]

Twitter is twitter but Meta just announced massive layoffs as well. Theres a ton of smaller tech companies too and they have uniformly cut about 10-30% of thier staff. Compounding the issue is that these are good paying jobs that create other jobs. The restaurants cant very well exist if all their customers have no money as one example.

Normally these people would be snapped up by other tech companies but most of them have announced freeze hiring.

Tech companies also rely a lot on ad revenue and if we do enter recession then ads are the first thing other companies will cut. Not to mention most of the bottom tier tech companies rely on valuation to stay afloat and the stock market has made it clear they are now looking for revenue and profit not nebulous concepts such as "growth"

The tax base of California is about to go on unemployment.

No.