are we in a white collar recession?

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Summary

Are we in a white collar recession?
  • - huzzah welcome you to CX Riot radio where we talk about customer experience and glassdoor reviews.
  • - The comment discussed in the video suggests that we are clearly in a white collar recession which is almost indisputable.
Job reports are fake AF, indicating a recession.
  • - Companies open positions but don't hire for them.
  • - Comparison to 08 and 09 recession shows current situation is worse in some aspects.
White-collar jobs seem stable despite pockets of tightness
  • - Professional Services is a fast-growing sector
  • - Big names are trimming fat, indicating stagnation rather than recession
White collar recession indicators
  • - Low salary expectations post-pandemic and political uncertainty affecting workforce
  • - Cutback in consulting spend signals economic slowdown in accounting, engineering, and customer service fields
White collar recession impacts on customer experience professionals
  • - Discussion on factors contributing to the recession and economic uncertainty
  • - Impact on customer support, service, and overall customer experience
Economic struggles leading to cost-cutting measures
  • - Companies are facing challenging times with some industries posting record profits while others are cutting costs to survive.
  • - There is a notable increase in layoffs across various sectors due to economic reasons apart from the impact of AI.
Economic uncertainty due to private equity practices
  • - Private equity's impact on various industries and companies
  • - Considerations for businesses to navigate the challenges and retain customers
Companies facing challenges due to economic constraints.
  • - Many companies unable to provide raises to employees.
  • - Sales issues leading to financial struggles for businesses.

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