2020 Recession - Global Lay off started now - first airlines

The flu shot is at best 30% effective. Some years it is only 10% effective.

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I am aware of that. After so many clinical trials, so long is 25% effective is considered good vaccine, before reading about that I thought is 90+%.

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There are many flu strains. Not cost effective to build a vaccine for every strain (especially as it mutates). So before each season they try to predict most likely strains and build a vaccine for it. Sometimes they get it mostly right, sometimes they don’t

The latest sign the economic downturn is intensifying: White-collar workers are being laid off now

Just see how companies are working on lay offs!

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Wait for the layoffs to crescendo then buy, buy, buy.

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I have a SWE friend who quit his job at a SF startup 3 weeks ago. He’s bitching about having to filter through too many companies trying to recruit him. Some are holding off on onsites until lockdown is done. Others are moving forward using zoom.

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I graduated in 1975. 10% unemployment. Even worst than 2008-9. Definitely affects your outlook on life. Tough time’s ahead for this current generation looking at 30% unemployment.

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Trillion dollar question: when will the recession end?

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Another way to look at it. Let’s hope it’s not 2008 2.0.

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Macy’s to Furlough Most Workers as Stores Stay Shut

Retailer to keep some of 130,000 employees on the job

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How Apple’s Culture of Secrecy Poses Challenges for the New Work From Home Reality

The whole point of Apple’s new campus is to enhance the chances of face to face encounters.

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Car service centers must be hurting. Just got a call for a free BMW oil service which usually costs 150.

They want to pay you to put them to work.