The recession has started

So I'm a programmer in a SaaS company X. The monthly recurring revenue is transparent for all the employees. And it's been falling for quite last few months. Got the same info from friends working in other similar companies. I think these might be early signs of the coming crash. Should I stack up beans and macncheese?

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>Falling for the STEM meme

youtube.com/watch?v=ZC9yD4kWxQg

Consumer spending is not a sign of an impending crash. We already had the main signal when the yield curve inverted.

>SaaS
No, it's just a sign that "it's like Snapchat, but for dogs" wasn't as good of a venture capital pitch as it originally appeared.

It's making more than $ mln a month from just lying and using some computing power so I wouldn't call it a meme.

>yield curve inverted
I do get what it is, but I'm not sure why it's so important. Explain please.

I got a good chuckle out of that, thanks

The yield curve refers to the graph which describes the return over time of a debt instrument (loan) whose y-axis is yield (return) and whose x-axis is maturity (time).

Usually the curve slopes upward indicating that long-term loans yield more than short-term ones. This is because changes in the long-term are harder to predict, more risk, more reward. It's usually a sign of a growing economy.

An inverted yield curve slopes downward indicating that short-term loans yield more than long-term ones. This means that short-term borrowing costs more than long-term borrowing which in turn means that investors are incentivised to curb their investments which then leads to contraction, a.k.a. a recession.

Come on polan your economy is growing. by the way you need an extra programmer in your company? I need more shekels my current job sucks

the main issue is your bosses are being paid x100 what you are. capitalism chugs piss

Is this a b2b product or for the public?

b2b

Hard to say. Doesn't hurt to be somewhat ready. How at-risk would your position in the company be, would you survive 2 rounds of redundancies? If not, gauge the job market, maybe someone else is doing better and worth working for.

*quietly lets his registration for the snapdog.com domain expire*

I’m a SaaS sales rep, and sales have been booming for the last five quarters. Does my anecdotal evidence beat yours?

Since it's a b2b service and our customers are mostly from US and western EU it's not about polish economy.

become a sysadmin. I make more than many people who fell for the code monkey meme by actually fixing, designing and mantaining shit

It will only affect overpaid programmers and software developers. Good.

I want to hear more, Alvaro

>We're not Snapchat for dogs, we're just lying to our customers and providing something they could get cheaper from elsewhere
>Also, why is our business failing?
>It must be the global economy

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>fixing, designing and mantaining shit
>sysadmin

Your job description doesn't match. Sysadmins are useless cucks who have two screens of log files open and restart the server once it shits itself.

Regional, local, global? Does it support a specific industry?

Sysadmins these days spend like 80% of their time in front of a text editor scripting deployments.

Maybe your SaaS business just sucks. Mine is booming!

Then again, I’m not in the EU. Wonder if that has anything to do with it...

Long story short you might be lucky programming but at least in Spain and other countries the code monkey job is getting saturated and there's more and more sysadmins needed even for cloud solutions/big data, even in small companies.

I work with Microsoft Azure and other cloud technologies that companies get meme'd into acquiring, I'm not going to deny I'm a glorified HelpDesk monkey but I actually like my job. I'm a subcontractor and we actually need to hire people who finish the sysadmin trade studies here in Spain because we get so much work. I'm an engineer myself.

You seem to be making a love programming, so stay programming.

it's a tremendously easier job to score than anything code-related and pays very well for the effort involved (almost nothing except the occasional shtf scenario) you don't even need any formal education whatsoever, just pick up a couple of amazon books, study them for half a year, upload yourself on dice, and you're golden.

I don't care if it falls buddy, I will find new job in ten minutes.
>providing something they could get cheaper from elsewhere

You're somewhat right Becouse if people are short of money they get rid off things they don't need that much. So it's our service. This would explain this drop in sales.

A lot*

see I don't know what to call my job myself in current year, don't get me wrong

DevOps engineer or cloud engineer.

I guess you take far too much responsibility for this kind of job. When doomsday scenario happens your head is the one to rip off.

I mean as a programmer if my code fails I can always share the blame with QA.

switch(case)

No, tech is failing for obvious reasons. All of the tech giants are practicing censorship and SJW virtue signalling, so people are divesting themselves. We've had enough of the left's control of this industry and we're fighting back.

Nah its just your shitty company.

I have underlings who have studied the trade to become sysadmins (just like you study to become an electrician, this is a unique thing in Spain AFAIK) under my wing to blame so it's okay. Nothing bad has ever happened

Even then the data we manage is insignificant

>The monthly recurring revenue is transparent for all the employees
Why? Is the company director a fucking retard? Oh never mind, that explains why it is performing so poorly.

Get a bunch of 5 gallon jugs of water too.
All kinds of canned food so you can have some variety

And all of that is useless if you don't get at least one gun, and a lot of ammo.

I guess the idea is to keep people motivated idk.

it won't help

OMNICIDE AND HELL IRL GUARANTEED FOR THE NEXT 20 QUINTILLION YEARS

>Jow Forums summed up in one post

jesus, why everything in the IT field even shiity departments like sysadmins get so much money, even here. should i become something in the IT sphere. I mean I've had an interest for computers since like 8 yrs old, but i don't study much maths in school (mainly history and literature) haven't learned any code except python and I gotta apply to some uni this year because it's my last. Still choosing between the STEM meme and other stuff... Is it worth it, or should I just leave IT and apply to something else where they're gonna need more specialists and IT isn't for me? (I guess I'm a creative mind more than a mathematician) please someone tell me before I blow my brains out.

ye except i said it and that means it true :(((((()))))))))))DDDD

truthfully, IT is perfect for a creative type if you get some maintenance job, you'll have so much free time you can do whatever you please and coworkers leave you alone for the most part. Just stay away from coding and development, pretty sure people who do that are
either spineless or masochists.

maybe your company is failing not the economy