Economic analysts and policymakers are of the view that the U.S. could face a recession by the end of this year. Therefore businesses can be seen preparing for an economic downturn by keeping costs low, protecting cash flows, and stalling new investments and growth plans. However, some companies are pivoting towards remote hiring as a means to survive the U.S. recession. What Happens During an Economic Downturn Before we talk about how remote hiring can help companies become more resilient, let's understand how a recession impacts companies. As aggregate demand declines due to reduced consumer spending, all businesses except those that cater to the basic needs of mankind are affected by decreasing sales. Businesses that are codependent on producing other goods are the worst affected. Tightened cash flow and liquidity crunch, in turn, adversely affects the companies' bottom line. It's not just the consumers who become cautious of spending money; lenders also become c