351,202 families’ lives have been disrupted in the tech sector since October 2008, when the banks lead us into the current depression recession economic downturn. 32,820 lay-offs have been announced in the tech sector during March 2009. The tech layoff leaders for March 2009 are:
- Tyco Electronics 20,000
- IBM 5,000
- Agilent Technologies 2,700
- National Semiconductor 1,725
- Nokia 1,700
The March total is the lowest since the depression recession economic downturn started.
- February 2009 = 48,064
- January 2009 = 150,014
- December 2008 = 36,278
- October 2008 = 50,204
This does not include the chaos that the President Obama’s abandonment of the working class, by sending GM and Chrysler into likely bankruptcy. We are seeing the further dismemberment of the middle class as Chrysler has outsourced its IT to India’s Tata Consultancy Services in “a multi-year contract” worth about $120 million.
Chrysler’s remaining 2,100- person information technology department, mostly in Auburn Hills, MI will immediately loose 200 salaried technology workers. The balance of the layoffs will come from the ranks of contract workers in that department. They will leave in greater numbers, but Jan Bertsch Chrysler vice president and chief information officer didn’t offer specifics in the Detroit News article. Some employees may be hired by Tata or Computer Sciences, she said, and some work will be moved entirely off-site. According to the media, Tata will provide support, maintenance and services that “will encompass a portion of the functional areas within Chrysler, such as Sales and Marketing and Shared Services.”
