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In SIlicon Valley: Profits up. Employment Down.

popo writes "The New York Times (free yada yada) has an interesting report on the changing landscape of Silicon Valley tech companies: Profits are soaring but employment figures are not. This dynamic points to significant future shifts down the road for Silicon Valley companies like Electronic Arts and Cisco. Interestingly, the culprit isn't just outsourcing. Huge leaps in worker productivity and automated processes are also responsible for the decreased need for new labor."

6 of 435 comments (clear)

  1. Re:Technology makes things easier and cheaper. by Sponge+Bath · · Score: 2, Funny
    ...the capabilities of people with slight mental retardation.

    ... and we can post on Slashdot too!

    *clicky, clicky*

  2. Re:Mandatory overtime by asdfghjklqwertyuiop · · Score: 4, Funny
    it is a misdeed
    how all your sentences
    end with a linefeed


    sort of like prose
    perhaps your intention
    or not i suppose

    :)

  3. Re:Mandatory overtime by RayBender · · Score: 2, Funny
    Whatever happened to "if I'm smart enough to make the system work for me, I deserve to do less work"?

    You obviously have enough time to be posting on Slashdot... Or is that a shell-script, too?

    --
    Human genome = 3 billion base pairs = 6 GBit. Windows + Office = 20 Gbit. Which is more impressive?
  4. Re:Good Jobs Opps -vs- Good Entrepreneurial Opps by D-Cypell · · Score: 2, Funny

    maybe you should become your own boss and hire yourself?

    I tried that once... it lead to a costly sexual harrasment law-suit.

  5. Re:Will Be Corrected By Coming US-China War by Jackie_Chan_Fan · · Score: 2, Funny

    I just hope someone films it and posts it online.

  6. Re:Automating the automation? by shadowcode · · Score: 2, Funny

    Dang, you just put the rest of Silicon Valley out of business, bastard.