'In the short to medium term, discretionary spending could taper off. However, most organisations are committed to their digital transformation focus so that is unlikely to see a dip and therefore the (tech winter) is sectoral in that sense. The fear of recession is much more than how big the recession is', said Roshni Nadar Malhotra, Chairperson, HCL Technologies in an exclusive conversation with Rahul Kanwal, News Director, India Today, and Aaj Tak on the sidelines of the World Economic Forum at Davos. This discussion included topics like hiring and attrition trends, the impact of economic slowdown on client spending, and what this could mean for the technology workforce back home.