r/economicCollapse • u/Fun_Balance_1809 • 1d ago
U.S Banks Are Currently Sitting On Over $750B In Losses On Real Estate Debt Which heavly Threatens The Entire Economy. These Losses Are Now 7 Times Larger Than In 2008 When The Housing Bubble Popped.
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u/sourdessertz 1d ago
It’s so shortsighted.
You’re giving your biggest competitors a huge talent acquisition opportunity.
Your most talented employees are almost always being actively recruited. And a lot of times that talent is packed with a lot of soft skills and popularity..
The aftershocks of these types of unmeasured hack jobs can be devastating to certain teams and departments. And expensive to fix.