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The ongoing consolidation of civil engineering firms is something I find kinda sad about this industry and while I won't claim to be certain that this is a root cause, it can't be helpful bsky.app/profile/opul...
Jacobs is the textbook example of how an engineering firm tries to manage this: scale and diversify your business to become too big and broad to fail as a result of any one case. They also have a ton of government contracts and IP as assets.
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