Expect hiring freezes and layoffs across the board. Startups and companies that don’t show a profit may shrivel up. This happened in 2000 and got pretty bad bef

Expect hiring freezes and layoffs across the board. Startups and companies that don’t show a profit may shrivel up. This happened in 2000 and got pretty bad before it got better. Businesses in other sectors (not tech companies) rely on software so those jobs don’t go away. Not every sector of the economy is a rollercoaster like the tech sector. Some skills transfer better than others. I stayed employed through the 2000 downturn doing database work (Oracle) for enterprise logistics companies, for example. Away from the bleeding edge of tech you find plenty of jobs, although maybe not as sexy or fun as you’d like.