What is likely to be the long term impact of the Russian invasion of Ukraine on your operations?
Sort By:
Oldest
Director IT | CTO Office | Digital Factory / Industry 4.0 in Hardware2 years ago
Diversification is the name of the game now. In order for your supply chain or company to not be affected, you have to diversify your portfolio, whether it's country-wise, city-wise or technology-wise. If one region is affected by geopolitical conflict, you’d better be able to handle your workload from another place. Flex is a good example because we're everywhere, so while it does impact us, there's always an outlet enabling you to float certain work somewhere else. That doesn’t eliminate the impact but it at least minimizes it.Director of Engineering in Software2 years ago
Before the invasion of Ukraine, there were a lot of companies ready to hire and a lot of people were ready to move on to new roles. But that changed due to challenges arising from the conflict. Especially given the rates of inflation, companies had to rethink the amount of money that they're ready to invest into hiring. Even individuals looking for new roles started to find it difficult because they were much less likely to get a raise in the process. We’ve seen a lot more hiring problems because of the new monetary policies that we’ve had to invent to adjust to the current situation. Now I'm more interested to look at the costs that we'll have to bear for all the cloud infrastructure, because they will keep increasing.