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Enterprise tech jobs where still in demand, the startups cooled down for awhile and I remember a lot of folks losing free parking, snacks, etc. if you were in
by o-__-o 7y ago
Enterprise tech jobs where still in demand, the startups cooled down for awhile and I remember a lot of folks losing free parking, snacks, etc. if you were in the NYC area and didn’t have a job then your pay took a haircut. Many many many financial tech jobs where cut to the tune of 80k workers flooding the marketplace at once. I saw wages plateau for almost 4 years during that time, I did witness an influx of hires to the DC area for government contract work which proved lucrative if you wanted to go overseas.
But I was job hopping from 05-08 and didn’t blink an eye leaving in 2011. Of my friends who couldn’t find a job during this time the one thing that was common was that they could not move and were in a place like Michigan or Rhode Island where tech jobs don’t grow on trees. Recessions are the best time to startup and grow a solid base for investor excitement during the next boom cycle