But don't hit them hard just yet. The drums are beating. Venture capitalists stop venturing into risky business. Recruiting woes turn into layoffs. Expansion plans contract.
Contracts go unfulfilled.
In casual conversations about workplace perks, it's no longer in vogue to talk about game rooms or flex time or recruiting incentives. No one cares about that stuff anymore. They're just trying to make ends meet. The next few months will be harrowing, indeed. Belts will tighten.