Posted on 10/18/2004 2:19:16 PM PDT by baseball_fan
Job trimming at technology companies took off during the past three months, according to a new report.
Announced job cuts in the technology sector hit 54,701 in the third quarter, up 60 percent from the second quarter and 14 percent from the third quarter of 2003, according to a report Monday from employment services firm Challenger, Gray & Christmas. Challenger defines the technology sector as computer, electronics, telecommunications and e-commerce companies.
John Challenger, CEO of Challenger, Gray & Christmas, blamed the cuts on pricing problems in the sector. "High-tech job cuts are on the way up as the end of the year approaches. Behind this trend is the fact that technology companies have virtually no pricing power," Challenger said in a statement. "Even as demand increases, most manufacturers and service providers are getting less money for each unit sold. They are forced to cut costs to maintain healthy profit margins."
(Excerpt) Read more at news.com.com ...
I'm an info security guy, and I've seen LOTS more positions posted in the last few months than I had for a while.
High Performance Linux Computing...demand far exceeding supply of qualified workers.
Do you mean linux skills in general, or ent. level, H-A/clustering linux systems?
Well, that's because it's darned hard to make money selling Linux clusters.
We seem to be doing fine. Just have to find that "value add" niche (excuse the marketing-speak). Can't speak to Linux sys-admin, but we have a shortage of application coders with MPI experience in particular, and a good overall knowledge of cluster architecture/design/hardware/integration.
Where I work there's a massive uptick in outsourcing both inside the USA and outside. It makes no sense to me that many companies with "secure" data outsource that same data to countries such as Communist China, India, and other non-friendly countries.
Two weeks ago - the president of Monster.com was on NE Business TV bragging about the number of hi tech jobs being posted on monster.com. He said he had never seen it so high but the companies wanted to avoid calling attention to the level of hiring. He said there were a lot positions in sales and marketing - which meant the executives were expecting a boom in demand.
The guy is shilling to make people think there might be a scarcity in the labor pool so employers should hire now. Of course, that means more business for Monster.com.
It's like asking General Motors if they expect car sales to be high this year. Of course they'll say 'yes' or else their stock will tank.
Monster.com sells jobs.
Clearly this means there is a high-tech labor shortage. /openbordersfreetrade
things are bad, worse for new engineering grads. but the usual people will be here to tell you that offshoring isn't real, that we are insourcing more tech jobs, etc. I can't even get involved in these threads anymore.
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