According to Forbes, “Typically as we enter recessions, companies look to quickly cut costs; that translates into laying people off and cutting back on hiring. Whereas your company may do that as a whole, CIOs and CTOs should be very thoughtful before they do that in their engineering and IT organizations because there likely will be continued demand for these services. We are still in a constrained labor market, so once a company lets these people go, it will be very hard to hire them again.”
You can read more of of what they have to say, here.
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