Despite signs that the U.S. economic downturn has found a bottom, companies large and small continue to shed jobs at a record pace. In March, more than 660,000 jobs were eliminated. While the job market news is grim overall, it’s not so dark in the technology market.
In March, the technology market eliminated nearly 13,000 jobs. Although a big number, it’s significantly smaller than the job losses in previous two months of the first quarter, which tallied nearly 160,000 positions.
Year to date, 171,000 jobs have been lost to the economic recession, as nearly every blue chip vendor has executed or announced reductions in their workforces.
The following is the list of job losses by technology company.
|
Company |
Layoffs |
March |
Agilent Technologies |
2,700 |
Month Total |
Dell |
150 |
12,731 |
Garmin |
181 |
|
|
200 |
|
IBM |
5,000 |
|
Micron Technologies |
2,000 |
|
Nokia |
1,700 |
|
Northrup Grumman |
750 |
|
Sonus Networks |
50 |
|
|
|
|
|
|
February |
Agilent Technologies |
600 |
Month Total |
AMCC |
100 |
33,868 |
Cisco |
2,000 |
|
Electronic Arts |
1,100 |
|
Marvell Semiconductor |
46 |
|
Micron Technology |
2,000 |
|
NetApp |
480 |
|
Nokia |
625 |
|
Panasonic |
15,000 |
|
Pentair Electronic Packaging |
174 |
|
Pioneer |
10,000 |
|
Razorfish |
70 |
|
STEC Inc |
35 |
|
THQ |
600 |
|
Western Digital |
22 |
|
Xyratex International, Inc. |
311 |
|
Yahoo |
705 |
|
|
|
January |
AMD |
1,100 |
Month Total |
AOL |
700 |
124,320 |
Attachmate |
120 |
|
Autodesk |
750 |
|
BlueArc |
21 |
|
Bose |
1,000 |
|
Circuit City |
34,000 |
|
Citrix |
460 |
|
Coremetrics |
29 |
|
Dell |
1,900 |
|
Electoronic Arts |
600 |
|
EMC |
2,400 |
|
Ericsson |
5,000 |
|
|
100 |
|
Google (contractors) |
5,000 |
|
Hitachi |
7,000 |
|
IBM |
2,850 |
|
Intel |
6,000 |
|
Kronos |
260 |
|
Lenovo |
2,500 |
|
Lexmark |
375 |
|
Logitech |
500 |
|
Microsoft |
5,000 |
|
Motorola |
4,000 |
|
NEC |
20,000 |
|
Nokia |
1,000 |
|
Oracle |
500 |
|
Philips |
6,000 |
|
SAP |
300 |
|
Seagate |
800 |
|
Sprint/Nextel |
8,000 |
|
Sun |
1,300 |
|
Texas Instruments |
3,400 |
|
Unisys |
1,300 |
|
WatchGuard |
55 |