clusion: A recession in the US might not be their real challenge. Instead, it will be critical for IT firms to balance between the revenue and the margin impact. This is because margins will continue to be under pressure for the sector. This will be even more critical because revenue per employee has also started dipping.
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Chief
You target audience should be CXO, people here can't do much about recession or margins.
I guess we all should resign and join TCS
Now it is!
Did you copy this from somewhere? If so, please provide the link.
Chief
@ibm1 not everything comes from research. There is no proper research on covid vaccine efficacy only. We are still figuring it out. Things like this cannot be predicted by research but just speculation. The guy is right. There is a huge slowdown. Inflation is crazy. Ultimately people will stop spending and companies would stop spending on projects. Guess what happens next. But being at a safe place is as risky as being in a high paid place imo. Anyone can lose their job.
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Chief
So much recession that IT companies are making record profits.