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by 1nverseMtx 2145 days ago
Odd message given the timing, one day after tech giants announce strong quarterly results.
2 comments

Most of the US tech space is still booming right now, from big tech to the dozens of large cloud companies that have been reporting between good and stellar quarterly results.

We'll see if this article's premise holds any water over the remainder of the year, for now it's weak.

"booming" does not mean hiring. With the next few months being very uncertain, prudent companies have paused hiring to help control costs.
There's no shortage of employees in our industry that don't work at big tech or large cloud companies.
The tech sector is far more than those giants.

Moreover, many of the giants are seeing increased usage while everyone is home. A large amount of the industry doesn't work that way, but rather, is based on profit and loss, not share price and vanity metrics.