Enterprise Architecture — Adjusting to a Recessionary Period
As the global economy looks likely to enter a recessionary period, we can anticipate that companies will:
- reduce or eliminate employee hiring
- reduce contractors
- reduce corporate budgets and more carefully watch expenses
In previous prolonged recessions, we have also seen companies ‘manage out the bottom x%’ of employees.
Entering a recessionary period is typically a gradual process — a downward spiral that takes time. Some…