Employment experts agree that record unemployment is affecting all age demographics. But data from the U.S. Bureau of Labor Statistics indicates that some age groups are being hit harder by unemployment than others. In fact, workers age 25 to 34 may be bearing the brunt of layoffs and hiring freezes.
Cost-containment remains a primary concern for many IT decision makers, which means IT pros still face salary reductions, potential layoffs and lengthy unemployment stints, according to recent survey data.
A systems administrator pleaded guilty in a federal court Monday to charges that he tried to extort an undisclosed amount of money and even good job references out of a New York-based mutual fund company that had just laid him off.
Sidekick: The Good News & the Bad News Either way you look at it Microsoft Data Center management did not follow standards or best practices in this failure. In which case it makes me wonder more about the outsourcing of corporate data much less personal data.
- mburton325
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Sun moves to indirect sales for most US customers
Palm lays off workers
Infineon lays off 3,000, reorganizes divisions
Reports: Yahoo plans more job cuts
Why Gen Y is Unprepared to Survive Recession
Sony Ericsson to cut another 2,000 workers
5 Things Gen Y Can Do to Survive Recession, Layoffs
Plant Closings, Layoffs Means Heavy Lifting for IT Departments
Applied Materials to cut 12 percent of global workforce
Nokia cuts staff, refocuses its services push