Slashdot Mirror

← Back to Stories (view on slashdot.org)

In SIlicon Valley: Profits up. Employment Down.

Posted by Hemos on from the as-the-wheel-grinds-forward dept.

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."

1 of 435 comments (clear)

  1. Dear /. by Anonymous Coward · · Score: -1, Offtopic

    please stop spamming us with "Gates said.." stories.

    We get one every two days and they are usually just trollings. BillG has his own forum, MSGeek, and all those stories can be posted there. If we are interested in every thin Gates sais we will go to MSGeek to read it.

    Thank you!