64 Comments
- Modestexcuse, on 11/20/2008, -0/+30It was nice knowing you all. They are on their way into my office. I hear my keyboard is the fir
- inactive, on 11/19/2008, -0/+27Really sad to think about all those people coming home to their families and breaking the news.
These are difficult times. - JackSchittt, on 11/20/2008, -1/+22HP is laying off 24,600.
Ouch. - GeeksSpeakFont, on 11/19/2008, -0/+7layoffs in all sectors are increasing, from citigroup to fidelity to tech companies...
- inactive, on 11/20/2008, -0/+6Perhaps not coincidentally, there are fewer reporters to cover this. More bloggers, though.
- lostsymphonies1, on 11/20/2008, -1/+7When it says TOTAL LAYOFFS 58,963 it is kind of misleading.
A majority of the layoff are from HP who are laying off 24,600 employees over 3 years. - inactive, on 11/20/2008, -1/+7And watch how ***** they all are in 12 months when our economy starts back on the positive climb.
They will have to rehire a whole new set of people and train them. That typically takes 6 - 18 months depending on your infrastructure.
It's typically better (as my employer does) to hold on to your trained employees through a loss. That way, when the economy is on the upswing you are ready to act with your full potential.
Layoffs only exacerbate the problem.
Of course it's executives making these decisions and we all know how skilled they are. - Dohko_Xar, on 11/20/2008, -1/+7very well played.
- se7envii, on 11/20/2008, -1/+6it's over 9000 =(
- Philodox, on 11/20/2008, -1/+5Sometimes you don't have a choice. If you only take in $10 a month and you're currently paying your employees $20 a month, and you can't get a loan to make up the difference - something's gotta be cut.
- drex8, on 11/20/2008, -0/+4It's like 2000 all over again.
- neutronphaser, on 11/20/2008, -0/+3'18-page resume'
- leetninja, on 11/20/2008, -0/+3it just happened today where I work. About 200 people were let go :(
I still have my job ... a lot of friends dont though ... this is not good. Something needs to change ... - cubicledrone, on 11/20/2008, -0/+3Yeah, and if they didn't lay off 24,600 the company would surely need a bailout by the Super Bowl, right? This is profit preservation, not business. Management thinks they are entitled to profits, and if that means they have to ***** up the lives of tens of thousands of our neighbors to do it, then that's exactly what they do.
Moments later, everyone rushes to the defense of management and waves the flag, claiming mass layoffs is the American way, and required for a good economy.
Take a look around. How's that economy doing? - BESTenemy, on 11/20/2008, -0/+3How long before Digg starts laying people off?
http://www.youtube.com/watch?v=dr3qPRAAnOg&feature ... - Trigonometron, on 11/20/2008, -0/+2This list is nowhere near complete. While they have EA listed, they don't count the rest of the game industry, which has dropped at least 1000 jobs in the last few months, including EA's 600.
So- begs the question, who else is not on the list? - aguita, on 11/20/2008, -0/+2They can only provide what the company indicates. By all means, do the research yourself and find how many people are employed, and then multiple that by 20%.
As far as the ??? Think about it. They just know that layoffs are happening, but no known numbers at this point in time.
You visit Digg, so you're supposedly a geek? I think you need to revisit your critical thinking ... No, scratch that. You need to revisit your thinking skills.
/rant - cyranthus, on 11/20/2008, -0/+2remind me to never work for HP
- asgardshill, on 11/20/2008, -0/+21983 called - it wants your professors with their grossly outdated sales pitch back.
Unless your name is Jugdish or Li, you probably haven't received a decent IT job offer in 15 years. - m60dude5, on 11/20/2008, -2/+4I was on a college tour recently where the professors were saying that "tech-related jobs are the top in the nation and the demand is only growing." This was less than a week ago. Somehow I think they are exaggerating the truth.
- ImYourRealDad, on 11/20/2008, -1/+3How is it misleading? Did those 24,000 people from HP quit, then?
- zip000, on 11/20/2008, -0/+2It's a good time to have a job in education...we have significant budget problems all the time, and even worse now, but times will have to get much much worse before I lose my job.
...although now that I've just gloated about it, I'm getting worried. How bad would the economy have to be for a University to go under? - dustbowl, on 11/20/2008, -0/+2I found a better layoff tracker, 2 to be exact. And what wired is doing is old... anyone remember *****.com ??? please bring that back!
http://news.cnet.com/tech-layoffs/?tag=mncol;title
And this one...
http://www.techcrunch.com/layoffs/
Its funny how Wired missed their own report about their own lay offs.
From the CNet link:
"Wired.com 11/11/2008 3 of 28 Wired.com trims editorial staff by 10 percent" - cogent, on 11/20/2008, -0/+2Revision3 is on there. So to answer your question, 10 people on 10/27.
- DutchGuilder, on 11/20/2008, -0/+2HP is laying of the deadwood from EDS. HP pre-EDS is still looking good.
- cubicledrone, on 11/20/2008, -0/+2Yeah, 18-page resume. I can distill it to one page, focus on one set of skills, break skills up into categories, list them by platform. It doesn't matter.
a) Management doesn't give a ***** if the product gets built right. They get paid even if the company ***** itself.
b) Even if management did give a *****, they'd much rather hire someone at 15 cents on the dollar having never met or talked to them, because all that matters to the lying rat ***** phone-flippers is cost. The fact the guy they hired can't produce ***** doesn't matter. See 'a.' - digggggggggg, on 11/20/2008, -0/+1Well, there are different ways of looking at it. Tech jobs have only grown in the past decade. Even during the dot com bust, there was still a net growth of tech related jobs. What we're looking at now is a slowdown in that growth, which is what produced these layoffs as of late.
Compared with the financial companies and manufacturers of consumer goods, tech is relatively insulated from economic recession. Companies are still going to need to run their systems, and that requires hardware, software, and services. Furthermore, this economic recession will cause companies to seek internal growth: improving their computing infrastructure so that their work is more efficient. That will generate significant demand for qualified tech workers. - cubicledrone, on 11/20/2008, -0/+1You misspelled "lied." I have an 18-page resume crammed to the edges with technical skills and I can't rent a job. Of course, this assumes there are any jobs. Since we don't make anything in this country any more, there are no "technical" jobs either. It's all a fat load of *****.
- ssjtoma, on 11/20/2008, -0/+1lol that video is hilarious
- aL!!!, on 11/20/2008, -0/+1Coming from the video world, not surprised that Avid is on that list. With their closed software/hardware, people are turning to Final Cut, Premiere, and even Edius for their NLE.
- lostsymphonies1, on 11/20/2008, -0/+1It makes it seem like they are laying them off now and that in the last few months 60k people have been layed off, when really, they haven't even layed anyone off yet
- Dohko_Xar, on 11/20/2008, -0/+1They are not exaggerating that much really, it is as simple as companies don't have money to pay their employees, everyone is getting hit by this. It's not like the tech industry can evade it.
- mickeylaspalmas, on 11/20/2008, -0/+1this kinda reminds me of my final days at AOL years ago - we'd all check *****.com every morning as a matter of ritual. it's not a fun way to exist. my condolences to all those who are sweating this garbage.
- Autodidaddict, on 11/20/2008, -0/+1Depends on what they mean when they say "tech related" I hate when people us that term...it is too broad and there are many "tech related jobs" in my sectors and industries - some of which will grow and some will detract.
But of course as we grow and evolve as a society and a world we will need more technology, especially in developing countries. So those professors maybe were not exaggerating...they just didn't tell you they were maintaining a real, real, real long term perspective....because everyone knows for the next one and a half to five years...the economy is going to be HURTING. - krango, on 11/20/2008, -0/+1apparently ***** isn't coming back according to pud. The collective of retards that used the messageboard essentially destroyed that site. The same small group of idiots still relentlessly argue elsewhere now, they've been doing it for nearly a decade.
- ZeNiTH456, on 11/20/2008, -0/+1Luckily my company wasn't hit so hard with 8% - roughly 480 people. The company is still making plenty of money, we were just spending too much which didn't please the investors.
- DutchGuilder, on 11/20/2008, -0/+1HP acquired 137,000 additional employees when it bought EDS. Shedding 18% of overlapping employees after an acquisition is just business as usual. If you've ever worked with a big consulting firm like EDS you will know that far more than 18% could (should?) easily be fired.
- leetninja, on 11/20/2008, -0/+1already reported it to you guys john.
- CynicalTyler, on 11/20/2008, -0/+1Ha, Juke. Terrible name, terrible employment potential.
- talonstriker, on 11/20/2008, -0/+1I imagine that it'd dependent on whether you're working for a public or private university. On a side note, can professors with tenure be let go due to budget problems?
- synth3tik, on 11/20/2008, -0/+1Looks like I will be staying on unemployment for a while longer.
Two companies I applied at
Sun -6,000
Applied Materials 1,800
I guess Cypress Semiconductor got to slip under the radar by having lay offs at the beginning of September. - DutchGuilder, on 11/20/2008, -0/+1You mean never work for EDS, who's 137,000 employees are now part of HP.
- inactive, on 11/20/2008, -0/+1True for many small businesses. However, if you look at the list these are mega-corporations that are laying people off like mad.
Stocks are already in the can so there is no need to worry about your stockholders - they are already screwed. - antdude, on 11/20/2008, -0/+1Where?
- Scaryclouds, on 11/20/2008, -0/+1Thank god my job is well insulated from the economy. Though nothing is invincible.
- antdude, on 11/20/2008, -0/+1What happened to that site?
- Scaryclouds, on 11/20/2008, -0/+1Seriously XHTML and HTML are not serparate skills. If you put BS like that into your resume (along with it being 18 pages?!) that is why you are not getting hired.
Seriously nobody has 18 pages worth of genuine skills. - gemlogger, on 11/20/2008, -0/+1An 18 page resume (seriously?) tells recruiters:
- you lack the ability to focus/abstract/communicate effectively
- you lack humility, or worse
- you don't value their time
There's lots of help out there for you on the net, please read around a little bit on what makes a good resume. - johncabell, on 11/20/2008, -0/+0Yes, care to say where? you can tell us nynews@wired.com.
- johncabell, on 11/20/2008, -0/+0Love to know: nynews@wired.com. Doing the best we can, but not every place announces these things, so we need tips tips tips.
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