IT jobs recovering faster than after dot-com bubble thanks to cloud
The bursting of the dot-com bubble left a long and lingering scar on the IT industry for many years.
Some would argue, rather successfully, that the industry never fully recovered after the 2001 implosion of an industry that had been propped up by the mad dash to prevent Y2K from changing life as we had come to know it.
Once disaster had been averted and the frantic race to the finish line was over, companies that had been spending big and living large suddenly had little money coming back into the business to support its ridiculous expenses, and the layoffs began.
Today’s IT job market is not nearly as grim as what was being faced by the newly unemployed of 2001 ...