The IT job market is tanking — but not for everyone
... February 2, 2009 (Computerworld) Shortly after Donnie Reynolds, the chief operating officer at Automated HealthCare Solutions Inc. in Miramar, Fla., learned that Microsoft Corp. planned to cut 5,000 workers over the next 18 months, he and another employee of the medical ... [
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"Employees of big brand companies have better chances of surviving I think." - Cool B
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9,000 jobs terminated every day in January
... New York: With the world economy shrinking at a quick pace, about 9,000 jobs have disappeared worldwide on an average every day during the month of January. Moreover, of the 277 000 layoffs this year so far, 80,000 happened ... [
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"If you closely observe the list of companies that are laying off employees have been performing badly for years now. To me it looks like many giant (ex-giant to be precise) companies are just making use of the 'Recession' to do all sought of cost cutting." - kzee4
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