@KraftTea@mastodon.social2024-12-17 22:40:04
Sounds like Russia's tech industry - including internet, software, etc. - is seeing sharp declines in revenue, with widespread, major layoffs.
"The economy is in s***. It seems like everyone really needed IT specialists, there was a shortage of personnel, and all that. But the market has no money for development, the marketing tools have collapsed. Although both marketers and IT specialists are needed, there is no money. But everyone is hiding this."
@KraftTea@mastodon.social2024-12-17 22:44:28
One obvious reason this could be the case, despite the stimulus impact of the war, is that a lot of dotcoms / tech companies are highly sensitive to the stock market, VC funding, etc.
IOW, revenue from the stock market & VC funding suddenly disappeared, leaving them at the mercy of high rate loans, due to the historically high Russian central bank key rate.
And so, huge swathes of high tech are at risk of debt spirals and ever-increasing rates on loans.
@Dragofix@mastodontti.fi2024-11-21 20:03:19
Metsäkatoasetus: jäsenvaltiot hylkäsivät Euroopan parlamentin kaoottiset muutokset #luonto #ympäristö #metsä
@theawely@mamot.fr2024-12-13 19:03:21
Can you recommend a Mastodon instance which supports >500 characters and markdown, have a gentle community and a transparent and apolitical moderation?
@KraftTea@mastodon.social2024-12-18 00:10:39
The head of the State Duma Committee on Financial Markets, Anatoly Aksakov, is urging the widespread adoption of food ration cards for the poor, who are judged not to have pensions large enough to support themselves, due to inflation.
As has been the norm lately, the central government wants to push the cost of ration cards on to both shopkeepers and local governments, as much as is possible.
