Tag Archives: RecessionProof

Four years ago Microsoft dedicated a glowing portrait to KC Lemson in order to properly celebrate her contribution as the creator of its unofficial yet beloved Ninja Cat mascot. On Monday, the trailblazing “maestro of fun, mastermind of memes,” as Microsoft described her, found out she had been laid off from the software company she loved after more than two decades. “I’ve got a good network and sent a lot of feelers out today, but there just aren’t many openings,” she posted late… Source link

In a recent staff-wide email, Alphabet and Google CEO Sundar Pichai referenced the potential for a recession and how it could affect the company. “We need to be more entrepreneurial working with greater urgency, sharper focus, and more hunger than we’ve shown on sunnier days,” he wrote. Many thought Pichai’s words sounded grim, according to TechCrunch, which missed the overarching message within the email.  What Pichai really meant is that he has a brilliantly simple plan to help top… Source link

Now that we’re into the third quarter, we’re stating to see the pundits sound off on what the Q2 economic data will show – and some of them are openly saying that second quarter GDP will record a contraction. Coming on the heels of the 1.6% contraction in Q1, this will put the US in a technical recession. Along with rising inflation and the Fed’s turn to higher rates and monetary tightening, this adds up a darkening economic picture. But Jim Cramer, the well-known host of CNBC’s… Source link