The drums are beating. Dotcoms become dot-bombs. Venture capitalists stop venturing into risky business. Recruiting woes turn into layoffs. Expansion plans contract.
Contracts go unfulfilled.
Just the other day in a casual conversation about workplace perks, a hard lesson emerged. Don't talk about game rooms or flex time or recruiting incentives anymore. No one cares about that stuff. They're just trying to make ends meet. The next few months will be harrowing, indeed.