Ask HN: What are the lockdown *factual* impacts on your job?

2 points by cyrillevincey ↗ HN
There is a lot of buzz around the current and future impacts of the lockdown on the economy. Everything looks mostly macro-level guess play. How has the lockdown impacted your own company business, and how has it impacted your own job?

3 comments

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Engineering got 5-20% pay cuts, (50-100% at VP level and above), all perks cut, all the contractors got laid off, as did anyone low-skilled in Ops who has been there less than 2 years.

We are the UK arm of a US fintech.

The market is in trouble.

> The market is in trouble.

To elaborate on this,

1) Banks are worried people won't pay their mortgages/loans/cards and they will crash 2) Banks therefore don't buy our stuff, or will seek to pay less for it. 3) We therefore look to cut costs

Everyone is taking the cuts, because there aren't any other firms recruiting right now.

I'm a truck driver for a large trucking company. I go all over the US lower 48.

My day to day life is about the same, if somewhat busier.

I know that some essential workers in various other occupations have been given letters by their states or employers allowing them to be out of their homes. I think we're considered essential by default, and our truck or our CDL is probably permission enough. Anecdote of one.

We drivers have been told not to decline a load without talking to our driver manager, because toilet paper, cleaning supplies and food.

We drivers will receive a bonus each week if we maintain a fairly achievable number of weekly miles.

When at a company terminal we've been asked to conduct some office tasks remotely from our truck, although the terminals are still open to us.

More of our office contacts than usual are WFH, but those are usually phone contacts anyway.

Many shippers and receivers have changed procedures to minimize contact with us (which is good). Some have made no changes.

Car traffic is lighter in most places, so a little less stress, and fewer (but not zero) observations of Darwinian behavior.

The air is noticeably more clear in California.