Things are look up for unemployment. 

During the first half of the year, tech employers said they would be cutting 48,402 jobs compared with 28,883 jobs during the same time period last year, according to a mid-year report published Monday by the recruiting firm. That's a 68 percent increase from a year ago. And that doesn't even include Microsoft's recent announcement to layoff 14 percent of its workforce.

Tech firms with most payroll cuts for first half of the year

Date                  Company                            Cuts
5/24/2014         Hewlett-Packard co.            16,000
1/20/2014         Intel Corp.                           5,350
2/27/2014         Maximus Inc. (Affordable
                        Care Act call center)             1,600
5/19/2014         LivingSocial                         1,500
1/23/2014         Texas Instruments Inc.         1,100
3/1/2014           Verizon Wireless Irvine         1,092

QuoteMicrosoft will cut 18,000 jobs, or 14 percent of its workforce, over the next year.

more @
http://www.cnbc.com/id/101872278?__source=xfinity|mod&par=xfinity

Quote from: walkstall on July 28, 2014, 11:17:42 AM
Things are look up for unemployment. 

During the first half of the year, tech employers said they would be cutting 48,402 jobs compared with 28,883 jobs during the same time period last year, according to a mid-year report published Monday by the recruiting firm. That's a 68 percent increase from a year ago. And that doesn't even include Microsoft's recent announcement to layoff 14 percent of its workforce.

Tech firms with most payroll cuts for first half of the year

Date                  Company                            Cuts
5/24/2014         Hewlett-Packard co.            16,000
1/20/2014         Intel Corp.                           5,350
2/27/2014         Maximus Inc. (Affordable
                        Care Act call center)             1,600
5/19/2014         LivingSocial                         1,500
1/23/2014         Texas Instruments Inc.         1,100
3/1/2014           Verizon Wireless Irvine         1,092

more @
http://www.cnbc.com/id/101872278?__source=xfinity|mod&par=xfinity

I am not well educated about the tech sector so I ask a couple of questions. Is this due to:

Lack of demand?
Improved efficiencies?
Implementation of the ACA? After all most of these folks are pure libs.
Other?
All of the above?

Thanks

Quote from: supsalemgr on July 28, 2014, 03:10:11 PM
I am not well educated about the tech sector so I ask a couple of questions. Is this due to:

Lack of demand?
Improved efficiencies?
Implementation of the ACA? After all most of these folks are pure libs.
Other?
All of the above?

Thanks

At my age I would say all the above.  Just some more then others.  Also you have company buying out other company.  When this happens you have company's reorganization and down sizing.  Some companies even change directions.

I think much of MS's layoffs are due to their failed purchase of Nokia's cell phone division. Fiscal euthanasia. TI may be ongoing consolidation from their purchase of National Semiconductor; or it may be reduced demand; or both. Intel and HP are probably decreased demand; HP decided 10+ years ago to focus on computers, spinning off their instruments and other products not related to computers. Now HP is getting hit by the double whammy of desktops giving way to laptops, and laptops losing market share to tablets, from Kindle and Nook up to iPads (MS's tablet is not doing well, IIRC, and may have a role in MS's layoffs).

   Booking the General Staff on the same flight.

     The Cloud has been likened to a central electrical power station.
So much more efficient than hundreds of small generators, we are told.

     It is also like booking the entire General Staff on the same flight.

     It  comes at a time in history, this cloud idea, when thousands of
people find work maintaining networks, servers and server banks. 
That event in itself supports armies of programmers and technicians,
all actively engaged  in the field, all creating and producing,  honing new configurations and building new products that have to do with  a field that   
is considered to be one of the most promising for our nation's future. Not
to mention that tech provided the means for an entire generation of young
men and women, the children of America's inventors, tinkerers, and
scientifically curious, to have an outlet for those talents.'

     The enterprise is supported by big business, yes, but also by thousands
of little guys, people like me who rent server space, pay for tech services,
who are genuinely optimistic and supportive of this new means of com-
munication.

   When Gates has his way,  that activity will be eliminated and
placed in the hands of a small number of Microsoft employees, not
to mention the NSA in Utah. Microsoft is famous for hiring East Indians.

     We should mention, too, that destroying the tech community
drastically reduces the chances some small group or a person
might  come up with a microsoft/google alternative.  Ironic, isn't it,
considering  the "official story" of Microsoft's founding.

    Oh, yes, they are all piling on -- Comcast, ATT, MS, Apple,
Google -- eagerly looking ahead to this new monopoly -- not
to mention Washington, which holds the regulatory/ring-fencing 
capacity, which has to be worth something.  Did I mention the
new dumbed down  citizen model, playing games on a mobile?

      There is more to the initiative of eliminating Americans'
rights and taste for freedom than at first meets the eye.