The Financial Times notes the U.S. isn’t officially in a recession, but many indicators are weakening. Leaders are already tightening budgets and slowing hiring. Some sectors (like manufacturing, construction) are clearly under pressure. Others, especially healthcare/AI/real estate, continue to prop up overall growth.
For HR leaders in life sciences, this creates a balancing act: preparing for leaner times while staying ready to scale quickly when funding and demand rebound. Flexibility is no longer optional; it’s strategy.