IBM record profits - Squeeze Workers
Even as IBM Corp. reports record profits, thousands of its U.S. employees are staring at pay cuts. AP reports:
View ArticleSilicon Valley Losing it's Middle Class
Eweek reporting Silicon Valley Losing It's Middle Class:
View ArticleSilicon Valley Expect Massive Layoffs
Big Tech Prepares for Big Layoffs: Rumors abound that AT&T (T), Yahoo (YHOO), and eBay (EBAY) will together release thousands of workers into the unemployment pool. Those will add to the mounting...
View ArticleObama Chief Technology Officer Picks - Does Obama want to promote...
Obama's new CTO, or Chief Technology Officer is boiling down to two candidates. Guess what? Both of them are being said to promote offshore outsourcing, wage arbitrage and U.S. worker displacement...
View ArticleEmployed Foreign Guest Workers Outnumber ALL Unemployed U.S. Technical Workers
This is an astounding story. Computer World is reporting H-1B workers outnumber unemployed techies:
View ArticleSteve Jobs Has Died
Steve Jobs has died. He was 56 years old. Pancreatic Cancer finally got him. This should come as no surprise since Mr. Jobs gave up his Apple CEO position earlier on August 24th. This is a sad day for...
View ArticleJob Openings at Record, Hires Not So Much
The BLS JOLTS report shows once again record high job openings. While Wall Street cheers and proclaims the long bad jobs market over, not so fast. Actual hiring still has not recovered to even the...
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