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The IT job market is tanking but not for everyone

... February 2, 2009 (Computerworld) Shortly after Donnie Reynolds, the chief operating officer at Automated HealthCare Solutions Inc. in Miramar, Fla., learned that Microsoft Corp. planned to cut 5,000 workers over the next 18 months, he and another employee of the medical ... [full article] (26 views)
This bookmark is tagged as: IT Job Market | Economic Slowdown | Recession | Job Cuts | Microsoft | Layoffs | AHCS | Hiring | Redmond
"Employees of big brand companies have better chances of surviving I think." - Cool B
Thank you Cool B for bookmarking this article!

9,000 jobs terminated every day in January

... New York: With the world economy shrinking at a quick pace, about 9,000 jobs have disappeared worldwide on an average every day during the month of January. Moreover, of the 277 000 layoffs this year so far, 80,000 happened ... [full article] (29 views)
This bookmark is tagged as: Recession | Economic Crisis | Financial Meltdown | Financial Crunch | World Economy | Layoffs | Job Cuts
"If you closely observe the list of companies that are laying off employees have been performing badly for years now. To me it looks like many giant (ex-giant to be precise) companies are just making use of the 'Recession' to do all sought of cost cutting." - kzee4
Thank you kzee4 for bookmarking this article!

27,000 jobs to go at NEC and Hitachi

... NEC and Hitachi, the Japanese electronics makers, will between them cut at least 27,000 jobs worldwide to try to counter falling demand and plummeting prices. ... [full article] (65 views)
This bookmark is tagged as: NEC | Hitachi | Job Cuts | Recession | Global Recession | Economic Crisis | Japan News | Business News | Electronics
"It is becoming worse everyday, read it to know why." - yamy
Thank you yamy for bookmarking this article!

Column : Hard truth about software workers

... Take the global financial crisis. Add a dash of the curious case of Satyam. Sprinkle the World Bank's 'deferred' revelations of past bans imposed on, Wipro, etcetera. Dab some of the populist comments from the United ... [full article] (51 views)
"I liked the last line, 'But the US needs migrant skilled workers, whether from India or the Middle East. It's elementary.'. This gives some hope." - yamy
Thank you yamy for bookmarking this article!

Microsoft to axe 5,000, no job cuts in India

... NEW YORK: Starting with 1,400 job cuts, software giant Microsoft will slash 5,000 jobs over the next 18 months. ... [full article] (15 views)
This bookmark is tagged as: India News | IT News | Microsoft | Job Cuts | Business News
"They have to, saw their share value??" - indy
Thank you indy for bookmarking this article!

Google cuts 100 jobs as tech sector braces itself for big cuts

... Google has announced that it is eliminating100 jobs, the first permanent cuts in its history, as the technology sector braces itself for widespread cuts. ... [full article] (20 views)
This bookmark is tagged as: Technology | Job Cuts | Google | Microsoft | Motorola | Tech News | Web | News
"Things are becoming worse... Google cutting jobs is not a small thing, this article / news is worth reading." - yamy
Thank you yamy for bookmarking this article!

No job cuts in India's IT industry: Infosys co-chair

... Tokyo, Oct 22 (IANS) There will be no pink slips in the Indian information technology industry as it has countered the impact of the current global financial tsunami well, according ... [full article] (27 views)
This bookmark is tagged as: IT Industry | Job Cuts | India | Financial Crisis | Infosys | Nandan Nilekani
"Its unexpected but its good!" - yamy
Thank you yamy for bookmarking this article!

HP to cut 24,600 jobs; takes $1.7 bln EDS charge

... SAN FRANCISCO (Reuters) - Hewlett-Packard Co plans to cut 7.5 percent of its work force, or 24,600 jobs, ... [full article] (12 views)
This bookmark is tagged as: EDS | Hewlett-Packard | Job Cuts | U.S.
"Bad news one after the other... where we are heading??" - yamy
Thank you yamy for bookmarking this article!

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