It has been masked by layoffs. It's really hard to actually tell. Companies are still in lean hiring mode. Is that because of lack of work to do or productivity rising to the point that no extra people are needed?
For sure. I’ve also read about companies now, like consultancies, retaining people despite not having enough work, with the expectation that work will pick up in future. So there are many complicating factors.
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It has been masked by layoffs. It's really hard to actually tell. Companies are still in lean hiring mode. Is that because of lack of work to do or productivity rising to the point that no extra people are needed?
For sure. I’ve also read about companies now, like consultancies, retaining people despite not having enough work, with the expectation that work will pick up in future. So there are many complicating factors.