We've been hearing about all the layoffs in the hospitality, restaurant, and other industries but I'm wondering if the effects of the coronavirus shutdown are now starting to affect the tech industry.
If you're currently still employed, do you fear that your job might be at risk in the coming months?
There are other companies that directly benefit from the changes (Zoom, Netflix).
And then there are a bunch of tech startups that comprise risky investments and are very dependent on investor cash. Investors are very quickly going from open-handed to penny-pinching in the wake of the stock market crunch. These companies may be hit the hardest.
Outside of the above, I think in software it's mostly business as usual. Of course there will be those which are indirectly impacted as the whole economy recesses, but of all the places to be right now software is probably one of the best, between its tolerance for remote work and its continued usefulness while more physical industries are thrown a curveball.