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The sky isn't falling, but there is a perceptible slowdown. Which is probably the best time to start thinking about this, as opposed to in the middle of a roun
by potatolicious 10y ago
The sky isn't falling, but there is a perceptible slowdown.
Which is probably the best time to start thinking about this, as opposed to in the middle of a round of layoffs...
Tech as a whole is still growing briskly - FB/GOOG/AAPL/etc are evidence enough of that.
But there have been some high-profile (and expensive) startup busts, and certain niches are looking less healthy now than they were before (see: edu-tech or med-tech). The net effect is that demand for engineering talent is lower than before, but not by a catastrophic amount.
If you were extremely employable before, you are likely to still be extremely employable now. If your interview skills were marginal before, you may not be employable now.
- rubiquity 10y agoThank you for the context!
- abrichr 10y agoOther than the Theranos story, what makes you say med-tech is looking less healthy (or edu-tech for that matter)?
- potatolicious 10y agoPerception matters - my admittedly unscientific feel is that there's more due diligence being done (which is a good thing, good lord), which also means less dumb money flowing around to companies that have no merit. Ed-tech I think is in a similar space, though not because of any particular scandal. More careful investors are good for the economy overall, but still represents reduced hiring demand from the previously irrationally frothy peak.