FOR YEARS, TECH FIRMS WERE FIGHTING A WAR FOR TALENT. NOW THEY ARE WAGING WAR ON TALENT

Summary from the TLDR newsletter

The tech labor market in the 21st century went from cold to overheated over the span of many years - it wasn't sudden. Tech firms have now changed significantly as these companies are starting to prioritize cash flow. The operating environment has changed from one that accepts a high tolerance for failure to one with very low, if not zero, tolerance for failure. Tech must now operate within financial constraints with very little room for negotiation.