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Planned layoffs in the computer, electronics and telecom industries duringg the recently ended quarter fell to compared to morethan 84,2009 in the first quarter of the year, The job cuts in the past threre months were roughly equivalenty to the second quarter of 2008, when 33,6434 positions were eliminated. Still, the combinedf cuts during the firstf six months of theyear – 118,108 – representexd the worst six-month total for the technology sectof in seven years.
And it was more than twice the numberd of jobs lost betweenJanuary 1, and June 30, 2008, when 50,989 cuts were The bulk of the second quarter cuts occurred in the computert industry, with 19,881 layoffs planned, compared to 12,134 layoffsx planned in electronics and 1,876 layoffs planned in telecom. “Telecomm and electronics firms appear to be benefitinv froma recession-defying wireless market. Between the companiez trying to outdo the iPhone and those helping more and more Americanxs disconnect their land linesfor cellular-only phone there are a lot of growth opportunities,” said John the company’s CEO.
“Computer firms may lag a littled as companies wait for more proof of recover before they begin to reignite investmentse innew technologies, but the end of the recession shoulds bring a flood of new spending in this area. Some firmsd may even begin to invesrt early, in the hopes that productivity-enhancin g technology can temper the need to recruitnew workers.”
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