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    Recession/slowdown vs business?

    Gaurav Goyal
    5 replies
    Would love to know your thoughts on the following: - Are you seeing or expecting the impact on your business due to the slowdown - Any mitigation steps that you are taking

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    Rahul Mehta
    If recession happens in the US it'll not only affect the US businesses it'll also affect the tech giants of India because their revenue's 40-50% share is from the US market. As we all know the Indian IT industry is very much dependent on the US and European market so somehow it'll surely gonna impact them.
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    Binay Singh
    Scalenut
    @rahul_mehta17 totally aligned with you. The American economy is no toddler when it comes to dealing with this kind of situation. According to data provided by the National Bureau of Economic Research, the U.S. stock market has been in recession 14% of the time since World War II. The impact of rising interest rates, high inflation, and energy cost related to the war in Ukraine and a slowdown in China's economy. Therefore, it is possible to claim that we might be entering a hibernation state, also known as a bear market. As the B2B environment approximates economic turmoil with a "when not if" approach, now is a great opportunity to take a closer look into the plausible impacts coming our way, what companies can do to withstand them, and how to take advantage of a recession. I have had a good read in an article which pretty much sums up on how businesses can survive the recession. Mentioning the same here, https://zapier.com/blog/how-to-s...
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    Gaurav Goyal
    AI Link Manager
    AI Link Manager
    @binay_singh2 Thanks for sharing this. Really helpful.
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