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Tech Companies Hiring Despite Slowdown
KCBS ^ | Monday, 17 November 2008

Posted on 11/19/2008 1:40:07 PM PST by nickcarraway

While the sluggish economy contributed to announcements of thousands more layoffs Monday, it may be helping some Silicon Valley companies grow.

Fears of a recession seem to be making many people even more eager to protect their money, which has proved to be a boon to companies like Barracuda Networks, a Web security company based in Campbell. The company had about 20 job openings as of Monday.

"Our market continues to grow and our business continues to grow, so we need to hire people," said President and Chief Executive Officer Dean Drako.

The Barracuda head attributed the company's continued expansion to their spam and firewall filters' cost effectiveness when compared to other products.

Companies that save consumers money on everyday goods are also thriving. Mountain View-based Coupons.com, which allows consumers print out their own coupons, is also hiring.

"We're looking to grow because the consumers are going to our Website in record numbers and the manufacturers are offering more and more savings," said Chief Operating Officer Brian Weisfeld.

Silicon Valley is also seeing growth in the green technology and cloud computing sectors.


TOPICS: Business/Economy; Computers/Internet; Local News
KEYWORDS: imisswilliegreen

1 posted on 11/19/2008 1:40:07 PM PST by nickcarraway
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To: martin_fierro

Ping


2 posted on 11/19/2008 1:40:26 PM PST by nickcarraway (Are the Good Times Really Over?)
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To: nickcarraway

I lost my job last week. But I’m a contract engineer and have been here a few times before. I don’t think I’ll be out of work for long - not even in this climate.


3 posted on 11/19/2008 1:44:46 PM PST by LiberConservative (Typical white guy)
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To: 2Fro; all_mighty_dollar; Arkat Kingtroll; Battle Hymn of the Republic; Betis70; billycat95130; ...

Click for San Jose, California Forecast
Send FReepmail if you want on/off SVP list
The List of Ping Lists

4 posted on 11/19/2008 1:57:54 PM PST by martin_fierro (< |:)~)
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To: nickcarraway
Well, there's Barracuda Networks anyway.

It would be nice if KCBS named a few more names.

5 posted on 11/19/2008 1:58:50 PM PST by skeeter (Its Barry's fault)
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To: nickcarraway

Not mine.....


6 posted on 11/19/2008 3:46:53 PM PST by ButThreeLeftsDo (Read FR First.....THEN Read Drudge.)
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To: nickcarraway

http://www.dice.com always has openings for many different disciplines.


7 posted on 11/20/2008 6:32:15 PM PST by NY Attitude (You are responsible for your own safety until the arrival of law enforcement officers)
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