Friday, December 5, 2008

Current IT Job Losses Won't Mirror 2001 Nightmare

From PC World, November 25, 2008...

The number of IT jobs being posted to online job boards is shrinking as CIOs institute hiring freezes, former financial services giants eviscerate their IT staffs, and a steady stream of technology companies announce layoffs.

Tom Silver, the SVP and CMO of Dice.com, an online job board geared toward IT pros in their mid-20s to mid-40s, says that the number of IT jobs advertised on his site had been holding steady at between 85,000 and 90,000 jobs until the September-October time frame, when the number of ads for IT jobs dipped significantly. "We've seen a drop of roughly 20 percent versus where we were last year," he says. "We're now around 70,000 jobs on the site."

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