Channel News and Analysis - Channel Insider
Empowering the next generation Channel
 

Sponsored Links
  • Get up and running in as quickly as 30 days with BI. Learn how today.
  • FREE Securing Smartphones & Tablets for Dummies Book from Sophos
  • 5 New Technologies That Will Change Enterprise ITAdvertisement
  • Build an IT Infrastructure That Delivers the Future

  •  

    Tech Layoffs Climb Above 100,000

    in Channel News and Analysis



    Article Rating:starstarstarstarstar / 7
    Article Views: 6246

    Channel Insider has reviewed publicly available reports of layoffs at technology vendors and solution providers. Since October, more than 100,000 technical, sales and market positions have been eliminated as a result of the deteriorating economy.

    Rate This Article:
    Add This Article To:

    Friday is becoming a dreaded day at most companies. What used to be seen as the start of the weekend is now the day most employees are advised they no longer have a job.

    Since the beginning of the year, IT vendors have slashed more than 19,000 jobs—mostly sales and marketing positions, but also technical and R&D positions have been affected. Since October, more than 100,000 jobs have been eliminated by IT vendors and solution providers.

    Not even the industry stalwarts can escape the economic plague. This week Google announced layoffs of 5,000 temporary and contract workers and 100 staff personnel. According to the Wall Street Journal, Microsoft is considering headcount reductions. And Motorola announced a reduction in force of 4,000 workers.

    While most IT companies remain cautiously optimistic about 2009 prospects and industry heavyweights such as Intel are forecasting a return to healthy margins, everyone from analysts to IT workers anticipate more layoffs to come.

    The following is a list of layoffs by IT vendors and solution providers since October 2008 when the economic crisis began. The list, compiled by Channel Insider, is based on publicly available reports.

     

     

    Company

    Layoffs

    January 09Attachmate120
    Month to DateAutodesk750
    19,310BlueArc21
     Coremetrics29
     Dell1,900
     EMC2,400
     Google100
     Google (contractors)5,000
     Kronos260
     Lenovo2,500
     Lexmark375
     Logitech500
     Motorola4,000
     Oracle500
     Seagate800
     WatchGuard55
       
    December 08Intrinsyc95
    Month TotalAdobe Systems600
    13,095Sage North America150
     AT&T12,000
     Windstream170
     Lexmark International80
       
    November 08Kodak150
    Month TotalSpot Runner115
    21,433Nortel Networks1,300
     Motorola3,000
     Nokia600
     Tektronix150
     Cadence625
     AMD500
     SanDisk450
     BitTorrent18
     Insight240
     Circuit City3,400
     Imation200
     Applied Materials1,800
     National Semiconductor330
     Sun Microsystems6,000
     Epicor300
     KLA-Tencor900
     Pillar Data Systems150
     Lawson Software200
     Lam Research600
     Akamai110
     Palm105
     Quantum180
     Fring10
       
    October 08Micron353
    Month Total:Qimonda3,000
    46,281Jive Software40
     Actel60
     Sony Ericsson2,000
     MPC Computers200
     Lenovo50
     Jaxtr13
     Texas Instruments300
     Softchoice65
     Manhattan Associates150
     HP24,600
     Dell8,900
     Xerox3,000
     ADC Telecoms325
     BroadSoft12
     Symantec788
     Freescale2,400
     Aliph25
      100,119




    comments dic


     
     
    >>> More Channel News and Analysis Articles          >>> More By Kathleen A. Martin
     


     



    channel chatter


    HTML PLAIN TEXT

    Keep on top of news for VARs and Resellers with CI's Weekly Newsletter and Alerts.


    [ci] feeds
    XML
    Add Channel News, Product Reviews, Trends and Analysis to your RSS newsreader or My Yahoo!


     


    CHANNEL SPONSORED RESOURCE CENTER
     
     
     
    Start the New Year with business intelligence—it’s a smart move
    Join us on February 1 for an encore rebroadcast at either 5 am or 12 noon EST and discover how business intelligence (BI) supports companies in uncertain business and economic climates. Get expert advice on how to create a strategy that fits your organization's needs and budget and see how quickly it can pay for itself.
    Click Here
     
    Security and Availability Essentials for Running Your Business in the Cloud
    Are you moving to the cloud? Find out what every IT professional should know about security and availability before moving to the cloud. Hear what a security provider’s own CSO has to say.
    Watch Video
    A new algorithm automatically identifies relationships between variables to help reduce researcher prejudice.
    Click HereAdvertisement