I’ve heard a lot of struggles within tech with memory and chip shortages. Coats are skyrocketing, is that impacting recruiting right now? Are companies cutting cost to compensate?

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There are stories of that happening. There's a rush to buy those Nvidia chips, and some companies are implementing what's called strategic attrition, laying off people to balance that out. That's one explanation for companies posting profits while laying people off.

Yes, supply issues and rising costs are making hiring more competitive. Many companies are adjusting budgets and slowing some roles to manage expenses.

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