> To employees it says "the ship is sinking." Layoffs are right around the corner and that is absolute poison to morale. To investors it says "technical or not,

> To employees it says "the ship is sinking." Layoffs are right around the corner and that is absolute poison to morale. To investors it says "technical or not, we've hit a recession." Brace yourselves for impact While it’s possibly true in this case, that’s definitely not always true. I’ve been in two companies that had to implement a hiring freeze because growth was too fast. Everyone understood, because nobody new each other, because half the company was just hired.