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Planned layoffs in the computer, electronics and telecokm industries during the recentlt ended quarter fell to compared to morethan 84,200 in the firsrt quarter of the year, The job cuts in the past thre e months were roughly equivalent to the second quarter of 2008, when 33,6443 positions were eliminated. Still, the combined cuts during the firs six months of theyear – 118,108 – represented the worst six-month total for the technologyg sector in seven years. And it was more than twicw the number of jobs lost betweenJanuary 1, 2008, and June 30, when 50,989 cuts were announced.
The bulk of the seconfd quarter cuts occurred in thecomputer industry, with 19,881 layoffs planned, compared to 12,134 layoffs planned in electronics and 1,87 layoffs planned in telecom. “Telecom and electronics firmzs appear to be benefiting froma recession-defying wireless market. Between the companies trying to outdo the iPhones and those helping more and more Americans disconnect theirr land linesfor cellular-onlu phone communications, there are a lot of growtg opportunities,” said John Challenger, the company’s CEO.
“Computer firms may lag a littlre as companies wait for more proodf of recovery before they begin to reignitr investments innew technologies, but the end of the recessionh should bring a flood of new spendingv in this area. Some firms may even beginj to invest early, in the hopes that productivity-enhancingf technology can temper the need to recruiftnew workers.”
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