As a relatively new developer of ~4 years considering transitioning from freelance to the work-force, this is disconcerting and demotivating.
Makes me wonder whether I should try to pivot, or just weather the storm.
Makes me wonder whether I should try to pivot, or just weather the storm.
On the other hand, I don't really know a recession/depression proof career?
Government. Military. Academia. Crime.
Also look for things that people need no matter what: food, housing, health care, fuel, household products, etc.
Entertainment/candy/snacks/alcohol/etc., and luxury goods also tend to be less effected by economic downturns (the former because they make people feel better in spite of being poorer, the latter because the rich still have tons of money.)
I wouldn't be demotivated. I have a feeling layoffs are more common in that area since it's all startups.
The industry is NOT looking good - not feeling good about the next six months and getting back into product / SWE.