Technology Made Simple • 59 implied HN points • 04 Mar 23
- Tech companies hire and fire quickly due to the boom and bust cycle - the economy goes through periods of growth and recession, affecting staffing decisions.
- Big tech companies compete aggressively, leading to hiring for unprofitable projects and mass layoffs later on.
- Hiring in tech can sometimes be driven by ego and market image, leading to quick layoffs as well. Stay aware of trends and project impact to protect your job.