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It's only a small correction due to Covid expansions driving demand. There is still a VAST shortage of good developers and, assuming the recession doesn't turn
by eikenberry 4y ago
It's only a small correction due to Covid expansions driving demand. There is still a VAST shortage of good developers and, assuming the recession doesn't turn into a depression, should be short lived.
- niij 4y agoLets hope it's "transitory".
- theGnuMe 4y agoHuh? If that’s true then It would make sense to keep these people on.
- eikenberry 4y agoFor a company like Amazon or Google it makes more sense to shed people. It shores up the stock prices as investors like to see companies doing something to address the recession (cut costs) and gives them a chance to shed some weight also without looking bad to investors (eg. dump Alexa). Facebook and Twitter are the above combined with pushback against social media platforms. They won't recover as quick or as well, but they are their own niche and not a good generalize-able representative.