Job Cuts For Dell, Motorola, and Circuit City
maeveth writes "Talk about not a good time to be working in the tech sector. Layoffs all over the industry have been announced, in a variety of different areas. Last week Dell announced they were partnering with Wal-Mart; this week they are planning a ten-percent reduction in their global workforce. Motorola was already going to cut some 3500 jobs by the end of June; they're now adding another 4000 pink slips to that number (and hoping that next month's RAZR2 launch will boost profits). To top it all off Circuit City is acting in a decidedly schizophrenic manner. The are going to axe about 850 employees, on top of the 70 stores they closed last month ... while also planning to open 165 new stores."
One of these things is not like the others.
There are no karma whores, only moderation johns
Uh, this is in the US. Not sure which country you're referring to.
Dude! You're getting a pink slip.
Please see this article. According to Fortune, in some areas hiring in the tech sector has been increased by a substantial number. Companies are out on a hunt for college grads and overall the picture does not look bad at all. Of course, there is no such thing as job security, but I'd rather work in IT than for an American auto company. The glass is always half full :)
Lots of companies operate this way. Lots of others actually have good management.
Nerd rage is the funniest rage.