> for an idea of how things may go. Look to the 2000 (Tech Bubble Burst) recession.

Agree. In aftermath of the .com implosion it took about 4 years for hiring to come back to a more normal pace. It was a good time to go back to school to do a Masters degree.

> I have family that works for Intel, and they say that Intel tends to actually increase hiring in bear markets.

Having worked for Intel and knowing folks still there, it's very much a mixed bag. I hear there are areas where headcount is frozen. But there are other areas where Gelsinger is investing heavily that are very eager to hire - in this case that doesn't have much to do with a looming recession (or not), it's that they find themselves behind in a lot of areas and they're spending to try to catch up.