July 28, 2001

Heading for a safe harbor in a rough market

Author: JT Smith

O'Reilly net: "In case you haven't been watching the news lately, massive downsizing (which is a euphemism for "firing" so that shareholders get more "value" for the shares) is really in fashion in 2001. Now, we all know that someone has to be there to run the data centers, develop new products, and answer customer calls, but in this downturn, many companies are being penny-wise and pound-foolish in their layoff strategies and are slashing large swaths through their technical staffs."

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