Open source job security through recessions
Are we in a recession? The answer seems to be “definitely maybe,” with the Wall Street Journal reporting that “if the U.S. is in a recession, it’s a very strange one” because while economic output has been falling, the job market has remained relatively strong. The article was based on data from May, and for those of us in tech, there’s a rising malaise as companies cut back on hiring and, in some cases, have trimmed current positions. Even venture capitalists, those perpetual purveyors of optimism, have started to focus their portfolio companies on profitability.To read this article in full, please click here
Are we in a recession? The answer seems to be “definitely maybe,” with the Wall Street Journal reporting that “if the U.S. is in a recession, it’s a very strange one” because while economic output has been falling, the job market has remained relatively strong. The article was based on data from May, and for those of us in tech, there’s a rising malaise as companies cut back on hiring and, in some cases, have trimmed current positions. Even venture capitalists, those perpetual purveyors of optimism, have started to focus their portfolio companies on profitability.