Navigating a Downturn: Strategies for Business Resilience
Tom Spencer
MAY 24, 2024
For example, during the 2008 financial crisis Microsoft used its large cash reserves to continue investing in software development and R&D, which has paid off in the long run. For example, GitLab , a company that develops open source software, employs people in more than 65 countries and has no physical headquarters.
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