IT Industry Leads Job Cutting In The U.S.
September 17, 2012 Timothy Prickett Morgan
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Not only does automation help companies reduce their payrolls, the relentless competition among IT and telecom equipment and service suppliers and the drive to ever-higher profit levels is causing them to shed workers instead of adding them. So says the head-hunters and employment analysts at Challenger, Gray, and Christmas. In its most recent report, Challenger said that employers in the United States who actually make their job cuts known (as required when they hit a certain level in states that require filings) said they were going to shed 32,239 workers in August, the most recent data available. The level |
