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arun_adk2121 t1_j3wq75l wrote

It’s not a recession until the tech industry starts firing people.

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Youvebeeneloned t1_j3zafsf wrote

Not even remotely accurate. During the 2007 recession the tech market was largely untouched and actually hiring workers. It was the financial, auto, and housing markets hardest hit.

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dungone t1_j4033nu wrote

This company doesn't seem like a tech company.

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DramaticDiscussion33 t1_j48y4x8 wrote

Let me guess: But Zynga and Twitter Are tech companies? LMAO

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dungone t1_j4901j0 wrote

Does Zynga or Twitter make their money on enterprise sales?

Informatica laid off a bunch of workers because it was cheaper to buy cloud services (from a tech company). This is typical enterprise IT cost cutting, it is the sort of thing that happens at every corporation.

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