<story><title>Over 50% of CEOs say they’re considering cutting jobs over the next 6 months</title><url>https://www.marketwatch.com/story/more-than-half-of-ceos-consider-workforce-reductions-over-the-next-6-months-and-remote-workers-may-be-the-first-go-to-11664907913</url></story><parent_chain><item><author>fishtoaster</author><text>Ugh, I hate stats like this.&lt;p&gt;WHAT&amp;#x27;S THE BASELINE?!&lt;p&gt;It could well be that 50% of CEOs are &lt;i&gt;always&lt;/i&gt; &amp;quot;considering&amp;quot; cutting jobs in the next 6 months.  I mean, I suspect that this number is higher than usual because, well, it &lt;i&gt;does&lt;/i&gt; look like we&amp;#x27;re heading into a recession.  But if I&amp;#x27;m interpreting this number based on my perception of the recession, then this number is useless at the main point of this article: informing me on whether we&amp;#x27;re heading into a recession or not.</text></item></parent_chain><comment><author>kodah</author><text>Honestly I don&amp;#x27;t think you&amp;#x27;ll get good faith considerations on whether we&amp;#x27;re heading into a recession. Anecdotally, I&amp;#x27;m trying to buy a house in Portland. I stopped being so aggressive as I watched prices start falling by tens of thousands. I got a call from Rocket Mortgage the other day where they tried to convince me that market prices won&amp;#x27;t change and I should buy &lt;i&gt;now&lt;/i&gt; at a rate of 6.5%. This is an incredible departure from reality and similar to what I hear from real estate agents.&lt;p&gt;This is a company that I know previously to be quite ethical, yet here they are doing dirty tricks. Market falls can be a threat to companies, but by engaging with propaganda trolls can influence the market and make money. Read any mortgage or real estate propaganda and you&amp;#x27;ll see they&amp;#x27;re all using the same words, false comparisons, etc. Maybe the true signal of a recession is the defiance of admitting there is a recession.</text></comment>
<story><title>Over 50% of CEOs say they’re considering cutting jobs over the next 6 months</title><url>https://www.marketwatch.com/story/more-than-half-of-ceos-consider-workforce-reductions-over-the-next-6-months-and-remote-workers-may-be-the-first-go-to-11664907913</url></story><parent_chain><item><author>fishtoaster</author><text>Ugh, I hate stats like this.&lt;p&gt;WHAT&amp;#x27;S THE BASELINE?!&lt;p&gt;It could well be that 50% of CEOs are &lt;i&gt;always&lt;/i&gt; &amp;quot;considering&amp;quot; cutting jobs in the next 6 months.  I mean, I suspect that this number is higher than usual because, well, it &lt;i&gt;does&lt;/i&gt; look like we&amp;#x27;re heading into a recession.  But if I&amp;#x27;m interpreting this number based on my perception of the recession, then this number is useless at the main point of this article: informing me on whether we&amp;#x27;re heading into a recession or not.</text></item></parent_chain><comment><author>f1shy</author><text>The whole article seems full of it.&lt;p&gt;&amp;gt; Nine in ten CEOs in the U.S. (91%) believe a recession will arrive in the coming 12 months, while 86% of CEOs globally feel the same way&lt;p&gt;- So what? Most CEOs I know cannot foresee what they will eat tomorrow. No offence, but being CEO makes you no better at predicting the future as the janitor. &amp;quot;They have, more info, experience&amp;quot; yada yada... I knew just too many incompetent CEOs.&lt;p&gt;Also, what does it mean, cutting jobs... how many? why? which ones?&lt;p&gt;Seems like content, but completely empty.</text></comment>