3 ms·
recessions usually affect the top tier and the bottom tier the most. Bottom tier will have trouble finding a job, and very top tier talent might have to settle
by VirusNewbie 4y ago
recessions usually affect the top tier and the bottom tier the most. Bottom tier will have trouble finding a job, and very top tier talent might have to settle for making 500k instead of 700k. The folks in the middle...well, mostly it doesn't affect them much.
Literally a huge swathe of the tech community could just choose to ignore it and they'd go about their business. Sure you could get laid off but that happens in good times too, it's just not as talked about. If your chances of getting laid off go from 3% to 6%, you don't really live your life any differently. Good to be aware it can happen, but mostly just go about your day.