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Solve : More Big Tech Layoffs Coming Soon.? |
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Answer» Yeah, you already heard about it. But it is a sad story that is getting worse. Bay Area High Tech Layoffs 2016He is wrong. It will really get worse. CNBC did the story early this year and they made it sound almost funny. When 33,000 white collar people lose jobs, it is never funny. The total count is not yet know because it is still going on. Intel said 12,000 were laid off. Apple? Maybe 30,000. (It is not over yet.) Name any tech company and do a search. Here is an old Apple story. http://www.cnet.com/news/apple-layoffs-due-march-14/ Here is a map: This gives you an idea of which areas in USA could SUFFER the most. Where did you get the 33,000 number? And, where did you get the 30,000 number for Apple? Sources ? And, what does the venture capital map have to do with this? Nothing, as I see it. Agreed...and waiting for sources as well...The venture capital map shows where the money has been invested in the High Tech areas. These areas are also the places whens the tech layoffs occur. Numbers, names and places. Yahoo to lay off 15% of workforce (USA Today February) Later reported as 10% Intel to lay off 11% of workforce in big shift from PCs (USA Today April) Last was the start of the worst. HP Plans To Lay Off 30,000 American Workers While Hiring (Earlier 33,000 was stated.) IBM last year an dearly this year. (Notice the report is from IEEE.) Quote Those laid off are being told that they are welcome to apply for jobs internally; IBM officials boast of 25,000 openings, but don’t indicate whether any of those are in the United States. (The company no longer breaks down its worldwide headcount—about 378,000 at the end of 2015—by region; a fairly recent estimate suggests the U.S. headcount is about 70,000.) What the IBM Layoffs Look Like - IEEE Spectrum They knew it was coming and why. Quote “RA'd today, I'm a 20 year employee. Have been training my replacements in India for more than a month now so I was fully aware this was coming—as it was openly discussed that they are my replacements.”(From same report) A more intense report January 19, 2016 Chowdhry: Major Tech Layoffs Are Coming, Fed's Dudley Is 'Clueless' On Labor Market Clueless? Really? I don't think they were clueless. Chowdhry smashed out estimate for 333,000 layoffs in the Technology sector. According to Chowdhry, Back Expertise, Products and Services is going to shrink ... He names: Amazon. Microsoft EMC Corporation VMWare, Inc. Hewlett Packard Enterprise Co IBM Cisco Systems Juniper Networks Oracle Corporation He is that link again. http://www.benzinga.com/analyst-ratings/analyst-color/16/01/6149651/chowdhry-major-tech-layoffs-are-coming-feds-dudley-is-cl#ixzz47hleNUyD My point here is that it can only get worse. The media has played with this for about two or three years and just now it is becoming clear that high Technology is leaving the USA and few what to spread bad news. Some believe you need to downplay bad news. That does not really chage what it is. If you work in any of the Tech centers in the USA, you likely know this already. Now it you are a youngster just getting into Electrical Engineering or Software ware Development, consider moving to another country someday. The sky is falling...Quote from: patio on May 04, 2016, 10:50:56 AM The sky is falling......YESTERDAY: “The Sky is Falling” Scare Stories Have No Place in Public Interest Science or Policy The author is talking about the environmental THING. Still, an economic ice age would have as much impact or people's lives. Before you solve any problem, you have to know what it is. |
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