On almost every discussion board, tech website etc. I keep seeing that people are assuming that the tech slowdown is a short term thing, and it WILL pass shortly. I was just wondering if someone could explain to me why this is. Why do people assume this is short term, and that things will soon get better.
Corporate profits continue to fall, layoffs in the tech sector are increasing, and nobody wants to spend alot on IT anymore it seems. I truly to do hope this is short term, as I amgraduating with a BA in Information Systems in December, and am freakin out because I have a huge amount of loans to pay off and am not sure if I can find a job.
I guess I’m just asking for someone to explain to me why the slowdown is ASSUMED to be short/temporary??
Thanks,
TJ
