Posted on 04/14/2002 1:56:04 PM PDT by SpyderTim
Lucent to Cut 5,000 More Jobs - Source Reuters | April 11, 2002 | Ben Klayman
Posted on 4/12/02 11:59 PM Pacific by SpyderTim
Lucent to Cut 5,000 More Jobs - Source Thu Apr 11, 4:28 PM ET By Ben Klayman CHICAGO (Reuters) - Telecommunications equipment maker Lucent Technologies Inc. plans to cut about 5,000 more jobs than previously expected by the end of June because of the slowdown in the telecom sector, a source close to the company said on Thursday.
See the link for the rest of the article.
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Just got to thinking, with the economy supposedly recovering, and layoffs continuing all around us, how many Freepers are currently out of work? How are they finding the job market?
1 posted on 4/12/02 11:59 PM Pacific by SpyderTim [ Post Reply | Private Reply | View Replies | Report Abuse ]
-------------------------------------------------------------------------------- To: SpyderTim
Luckily the coapany I worked for Did Good and accelerated my options when I was voluntarily laid off. Job market is pretty bad out there in high tech (programming). At one time or another 10 friends of mine were laid off this past year.
2 posted on 4/13/02 8:31 AM Pacific by lelio [ Post Reply | Private Reply | To 1 | View Replies | Report Abuse ]
-------------------------------------------------------------------------------- To: SpyderTim
Just got to thinking, with the economy supposedly recovering, and layoffs continuing all around us, how many Freepers are currently out of work? How are they finding the job market?
Agreed. I know more people in the last year that have gotten laid off, and have remained laid off, than I do those who had no work and found it. This "recovery" is pure fabrication and spin pushed by the WH. The facts are that over half the new jobs created are being done by the government! GDP has increased primarily because of government spending!
Smoke and mirrors.
3 posted on 4/13/02 8:35 AM Pacific by Kobyashi1942 [ Post Reply | Private Reply | To 1 | View Replies | Report Abuse ]
-------------------------------------------------------------------------------- To: Kobyashi1942
My company announced its office relocation way back in April of 2001. My last day was November 30. I've been networking and interviewing since then but haven't found quite what I'm looking for yet. It's not a bad job market if you know what you are doing, but it isn't as good as when I first graduate from college in 2000 either.
4 posted on 4/14/02 1:53 PM Pacific by SpyderTim [ Post Reply | Private Reply | To 3 | View Replies | Report Abuse ]
The auto companies are run by morons.
They lay off the americans, and keep the immigrants, who mostly buy jap cars, not american cars. That is the reason why auto sales are still good for foreign sales in this country, but domestic autos are in a slump because the auto companies lay off the american that buys american cars.
I am convinced that we would all have jobs tomorrow if all the foreigners on H-1B visa's were sent home and the bill that increased the H-1B visa allotment to 200,000 per year was revoked by Congress. The real question is how to get Congress to do this. They do not appear to be interested in helping Americans.Right you are. I've been saying the same for quite some time now. I work in the telecom sector as a senior developer. There are currently two Americans on my team, my manager and myself. The other 13 people are on visa from India as is most of the rest of the floor. When I go to work I feel like I am entering a foreign country, go to the lunchroom and you are lucky if you hear a single word spoken in english. I would love to be able to see the credentials of these visa holders as most of them are unable to perform their job duties without constant supervision and guidance. I believe this to be the only reason that I am still around. In fact my primary responsibility these days is to help these people and act as a mentor. I guess if they ever get up to speed that I'll be out the door, LOL! For most of them I don't see getting up to speed as coming very soon. Hopefully these companies will learn that they get what they pay for!
If every laid off American called their representative every day and demanded this type of action we may have a chance of getting our jobs back.
The unemployment problem is a direct result of our representatives increasing the work force in America via the H-1B visa program.
2005 Bump from an unemployed FReeper in Toronto, Canada
2012 Bump from an (again) unemployed FReeper in Toronto, Canada.
Good luck finding your next job and prayers are going up for you.
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