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I have friends whose startups are already freezing hiring, and cutting back on unnecessary expenses (as they should). Lowered demand for consumer goods and ser

I have friends whose startups are already freezing hiring, and cutting back on unnecessary expenses (as they should). Lowered demand for consumer goods and services naturally mean that these companies will be trimming the fat on SaaS products, and infrastructure (unless it's truly critical for work, ie Zoom) which in turn means less technical jobs.

itake 7y ago
Maybe? Enterprise SaaS deals are for year long commitments. Sure in 6 mo, they may choose to renew less tooling and having less employees means less seats, but I don't see a big shift here.
- r00fus 7y ago
  You think that planning/sales/etc doesn't impact current operations?
  - itake 7y ago
    I think big companies are super slow to react, as they should be. There definitely will be adjustments but companies are not going to stop paying for software.
Loughla 7y ago
Living outside SV, but working for institutions that subscribe to several SaaS products, I can tell you it's going to hurt, and soon. The first things on the chopping block, as we consider where to trim expenses, are those "expensive", useful, but not critical software systems with terms ending soon. Except Zoom. That baby is keeping us rolling.