As the global economic picture continues to darken, managers should start to prepare their teams for the worst. Engineering leadership coach Lena Reinhard has some concrete steps you can take to prepare for an economic downturn.
For many of the teams that I hear from, the news just keeps getting worse and worse. The combination of growing recession fears, the cost of living crisis, and big layoffs at global tech companies has left many engineers and their managers concerned about the future.
Whether your company is planning to make layoffs or not, it’s time to adapt. The details of how will differ depending on which role, company, and business sector you’re in, but managing during an economic downturn means radically changing the way that you and your team operates.
