This kind of growth cannot be predicted, nor can it be maintained forever, said Raj Shah, analyst at digital transformation consultancy“Revenues are down, costs are up, and tech companies are going to do what every other company in this situation would do – cut costs through freezing hiring, get rid of costs like unused real estate, push for higher productivity and re-examine investments,” he said.Pandemic recovery is not the only component slowing tech companies’ runaway growth, experts say.
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