[NRG1973]

Ouch!!! It looks like the recession is spreading into the high-tech sector.

[stefanbatory]

so they’re down to 3 employees now?

[null and void]

Ouch!!! It looks like the recession is spreading into the high-tech sector.

Starting months ago.

[Drango]

IBM Quietly Cuts Thousands of Jobs

http://www.nytimes.com/aponline/2009/01/27/business/AP-IBM-Layoffs.html?_r=1

[proxy_user]

“Novell has long been a meeting culture where some people exist solely to attend meetings.

I didn’t think there were any companies like that left.

Back in the early 90s, my company had people who just sat on international standards commissions and things like that. No more.

[WL-law]

I liked this comment: “I’ve been saying for years that the company operates with far too much overhead. Novell has long been a meeting culture where some people exist solely to attend meetings.”

I think all big companies have units or parts of their organizations that seem to fit this description. If you’ve been cruising with one of those jobs, anywhere, you need to be nervous right now.