For years, Silicon Valley's tech companies appeared to operate like Teflon – economic troubles never seemed to stick. Until now.
"We call them tech companies, but they're really consumer product companies," explains Michael Davis, an economics professor at the SMU Cox School of Business."What does Amazon depend on? It depends on us buying things online. What does Apple depend on? It depends on us buying phones and all of the rest of that stuff."
"It's really important that workers not take their jobs for granted. If you have a job embrace it and do a good job," advises Davis."If you don't like it then go get a different job. But don't stay in a job that you really don't like and just do a pitiful performance thinking `they won't lay me off,' they might lay you off!"
"We definitely have noticed a shift from 'I have all the cards' to 'now I have to play cards'," says Dewan. But he feels prepared.
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