Arab Today, arab today tech industry layoffs on the rise
Last Updated : GMT 08:52:09
Arab Today, arab today
Arab Today, arab today

Tech industry layoffs on the rise

Arab Today, arab today

Arab Today, arab today Tech industry layoffs on the rise

Chicago - UPI

Job cut announcements made by U.S. technology companies rose to the highest level in three years in January through June, a private research firm said Monday. Challenger, Gray & Christmas said technology companies announced 51,529 job cuts January through June of 2012, up 260 percent from the first half of 2011, when layoff announcements from technology companies stood at 14,308. The difference is easy to pinpoint. One company, computer giant Hewlett-Packard announced in the first quarter of the year that it planned to layoff 30,000 workers. That still leaves an increase in layoffs for the first half of 2012 for the sector -- 21,529 in 2012 versus 14,308 in the first half of 2011. Hewlett-Packard tipped the scales so severely that its announcement came to more than twice the number of layoffs announced by computer companies in all of 2011, which came to 14,677. Announced layoffs also jumped in the first half of the year among telecommunications companies, which announced 13,059 job cuts in the first half of the year, compared to 6,813 in the first half of 2011. For electronics companies, layoffs have been flat this year, compared to the previous year. \"Announced in March, the decision by Hewlett-Packard to shed 30,000 jobs from its payrolls this year was driven primarily by the firm\'s loss of competitiveness across several of its business areas.  Many point to its inability to compete with Apple on the tablet front, while failing to keep up with IBM and Accenture on the consulting side,\" said Chief Executive Officer John Challenger.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today tech industry layoffs on the rise Arab Today, arab today tech industry layoffs on the rise

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today tech industry layoffs on the rise Arab Today, arab today tech industry layoffs on the rise

 



Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today Zainab Fadel Oglu designs “Shakerin” mosque

GMT 12:13 2017 Thursday ,11 May

Zainab Fadel Oglu designs “Shakerin” mosque
Arab Today, arab today Seeks to move past rift with Israel

GMT 08:00 2017 Monday ,08 May

Seeks to move past rift with Israel
View News in Arabic - Business: نفط وبتروكيماويات
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Mozambique's gas boom dream under threat

GMT 16:29 2017 Monday ,08 May

Mozambique's gas boom dream under threat
Arab Today, arab today Prepares to give stargazers an eyeful

GMT 13:38 2017 Monday ,06 March

Prepares to give stargazers an eyeful
Arab Today, arab today Jaguar displays XF Sportbrake line

GMT 14:36 2017 Monday ,08 May

Jaguar displays XF Sportbrake line
Arab Today, arab today BMW sees forecasts in reach

GMT 09:04 2017 Thursday ,04 May

BMW sees forecasts in reach
Arab Today, arab today Climate science: Bad news gets worse

GMT 08:48 2017 Saturday ,06 May

Climate science: Bad news gets worse
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday