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More Than 500,000 High Tech Jobs Lost in 2002

stoolpigeon writes: "A study, released today by the AeA, shows that the U.S. high-tech industry lost 540,000 jobs in 2002, dropping from 6.5 million to 6.0 million. However, a preliminary look at data for 2003 shows that the decline in high-tech employment has slowed considerably this year."

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  1. Re:Jobs Lost? by ploppy · · Score: 5, Informative

    Take a look at this very recent article. This article points out that American IT management is way over-priced compared to Indian management, and hence management will be the next thing to go off shore. As it says in the article, this is American IT self destructing.