People who have worked in the tech industry long enough to remember its previous major recessions have a message for those facing the current crisis: Decisions made now will determine who survives and lay the foundation for the next tech boom. .
Surviving this tech winter and preparing for the next boom requires strategies that are often the opposite of those that were popular just a year ago. It also requires a change of mentality. Technology leaders are usually told to keep their eyes fixed on the horizon. But to get through the current economic downturn, it will be essential to look back at what worked and what didn’t.