Misc.Mar 7, 2019
Amazonigdhbfjs

How does it impact IT companies when recession kicks off

Amazon: e-commerce revenue could decrease, consumers focus on life essentials and become more price sensitive, AWS growth may slow down What do you think of Amazon, Google, Facebook, Netflix, Uber, Lyft, Microsoft etc in recessions? Which company can do even better during recessions? YouTube, Facebook or Netflix? Because people are more likely to seek spiritual comfort then?

Add a comment
Microsoft lc out Mar 7, 2019

Cosmetics stocks do better in economic downturns.

Amazon ckWS72 Mar 7, 2019

Netflix might still do better. People might be more at home watching netflix.

Adobe TDHm13 Mar 7, 2019

Unemployed and people on tight budgets cut in their subscriptions and buy less crap on amazon. Large companies cut their ad spending which would impact Facebook and google. The only companies that profit are companies like dollar tree or dollar general. And pay day loans

Microsoft pJcW86 Mar 7, 2019

I see you work in the economic forecasting finance group at Amazon? How is it working there?

Uber central Mar 7, 2019

Uber/Lyft will see abundant supply of drivers, this will keep price low for riders.

Google YAPTRF Mar 7, 2019

Growing Enterprise shops stand to benefit by under cutting price of competition. Aka azure and gcp stand to grow if they really double down during the recession

Oracle now@google Mar 7, 2019

In a major downturn all will be affected. Many companies will have layoffs => more people willing to work for less => lower TC for all. Even if you are still working, say goodbye to fat bonuses and RSUs.

Magic Leap DpYO44 Mar 7, 2019

Consumer staple stocks and utilities go up .... some money moves to foreign markets that have better economic cycles

NetApp fire-water Mar 13, 2019

I think companies like LinkedIn/Indeed will thrive :)