Strategy in TECH...
For reasons I’ll explain in some detail below, I recently posted a story that was not entirely as it seems. Since I deeply value my relationship with Strata-gee readers and always strive to bring you the absolute truth, I have decided for the sake of transparency to explain to you what I did and why I made the choices I made. You can decide for yourself if you feel that I did the right thing.
After several years of dizzying growth, the technology sector is now experiencing a notable downturn, as the post-COVID era has brought a combination of higher prices (inflation) and lower demand. In response, 2022 saw significant job cuts at major Big Tech brands that have continued on into 2023. That includes this Wednesday when Microsoft announced it was cutting 10,000 jobs – after a 1,000 job cut in October 2022 – another big blow to Tech.
But what about the more specific segments like consumer electronics and custom integration?
