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> for an idea of how things may go. Look to the 2000 (Tech Bubble Burst) recession. Agree. In aftermath of the .com implosion it took about 4 years for hiring
by UncleOxidant 4y ago
> for an idea of how things may go. Look to the 2000 (Tech Bubble Burst) recession.
Agree. In aftermath of the .com implosion it took about 4 years for hiring to come back to a more normal pace. It was a good time to go back to school to do a Masters degree.
> I have family that works for Intel, and they say that Intel tends to actually increase hiring in bear markets.
Having worked for Intel and knowing folks still there, it's very much a mixed bag. I hear there are areas where headcount is frozen. But there are other areas where Gelsinger is investing heavily that are very eager to hire - in this case that doesn't have much to do with a looming recession (or not), it's that they find themselves behind in a lot of areas and they're spending to try to catch up.
- id 4y ago>It was a good time to go back to school to do a Masters degree. Why? You mean because people couldn't find a job so they went back to school instead?
- UncleOxidant 4y agoYes, exactly. That's is what I did. I did pick up some contract work while doing my Masters back then, but the pickings were pretty sparse in my non-silicon valley area. Usually 3 to 6 month contracts with breaks between which allowed me to focus on the schooling. There were a couple of years there in the early 2000s where I only worked about 3 months. I was fortunate to have savings built up during the booming 90s to enable me to get by during bad times in the early 2000s.