SVB collapse makes the IT industry even harsher
Next to massive layoffs in the IT industry, we now face Silicon Valley Bank collapsing. As mid- or low-level managers, there is nothing we can do short term but wait.
No one knows what will happen next, so all we can do as engineering leaders is to start preparing our teams for even tougher times. Be leaner, more focused, and more agile.
PEM's series of articles on how to lead engineering teams in this challenging time should help you with that: https://blog.practicalengineering.management/software-engineering-management-in-2023-8b38622dc474
Software Engineering Management in 2023
Tech industry’s tightenings implications for engineering leaders
Mirek Stanek