{"id":167,"date":"2009-02-08T16:54:21","date_gmt":"2009-02-08T21:54:21","guid":{"rendered":"http:\/\/rbachnet.wwwmi3-ss40.a2hosted.com\/?p=167"},"modified":"2021-08-04T17:31:01","modified_gmt":"2021-08-04T21:31:01","slug":"tech-layoff-losses-continue-to-mount","status":"publish","type":"post","link":"https:\/\/rbach.net\/index.php\/tech-layoff-losses-continue-to-mount\/","title":{"rendered":"Tech Layoff Losses Continue to Mount"},"content":{"rendered":"<p><a href=\"https:\/\/web.archive.org\/web\/20230603083555\/https:\/\/www.pickthebrain.com\/blog\/how-to-survive-a-recession\/\" target=\"_blank\" rel=\"noopener noreferrer\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"alignleft wp-image-110868 size-medium\" title=\"Tech Layoffs Losses Continue to Mount\" src=\"https:\/\/i0.wp.com\/rbach.net\/wp-content\/uploads\/survive-recession.jpg?resize=150%2C94&#038;ssl=1\" alt=\"Tech Layoff Losses Continue to Mount\" width=\"150\" height=\"94\" srcset=\"https:\/\/i0.wp.com\/rbach.net\/wp-content\/uploads\/survive-recession.jpg?resize=150%2C94&amp;ssl=1 150w, https:\/\/i0.wp.com\/rbach.net\/wp-content\/uploads\/survive-recession.jpg?resize=75%2C47&amp;ssl=1 75w, https:\/\/i0.wp.com\/rbach.net\/wp-content\/uploads\/survive-recession.jpg?w=412&amp;ssl=1 412w\" sizes=\"auto, (max-width: 150px) 100vw, 150px\" \/><\/a><a href=\"http:\/\/www.channelinsider.com\" target=\"_blank\" rel=\"noopener noreferrer\"><em>ChannelWeb Insider<\/em><\/a> has been tracking which technology companies have given layoff notices. <a href=\"http:\/\/www.channelinsider.com\/c\/a\/News\/125000-Tech-Jobs-Lost-in-January\/?kc=TCIBESTOF02072009AI1\" target=\"_blank\" rel=\"noopener noreferrer\">According<\/a> to the site, technology firms have eliminated at least 205,000 positions since October 2008.<\/p>\n<p>This does not include small and mid-sized technology firms and the VAR community.<\/p>\n<ul>\n<li>January 2009 has been the most brutal for tech layoffs with at least 124,320 positions eliminated.<\/li>\n<li>October 2008 with 46,281 positions eliminated.<\/li>\n<li>November 2008 saw 21,433 workers sacked by technology companies.<\/li>\n<li>December 2008 The holiday spirit held sway in when most companies except ATT minimized layoffs. ATT eliminated 12,000 of the 13,095 positions eliminated in the last month of 2008.<\/li>\n<\/ul>\n<h3>Layoff rogue&#8217;s gallery<\/h3>\n<p>Among the firms in the rogue&#8217;s gallery of layoffs between October 2008 and January 2009 are:<\/p>\n<ol>\n<li><a href=\"https:\/\/web.archive.org\/web\/20121025110152\/http:\/\/www.circuitcity.com:80\/\" target=\"_blank\" rel=\"noopener noreferrer\">Circuit City<\/a> with 37,400 layoffs<\/li>\n<li><a href=\"http:\/\/www.hp.com\" target=\"_blank\" rel=\"noopener noreferrer\">HP<\/a> with 24,600 layoffs<\/li>\n<li><a href=\"https:\/\/www.nec.com\">NEC<\/a> with 20,000 layoffs<\/li>\n<li><a href=\"http:\/\/www.att.com\" target=\"_blank\" rel=\"noopener noreferrer\">ATT<\/a> with 12,000 layoffs<\/li>\n<li><a href=\"http:\/\/www.dell.com\" target=\"_blank\" rel=\"noopener noreferrer\">Dell<\/a> with 8,900 layoffs<\/li>\n<li><a href=\"http:\/\/www.sprint.com\" target=\"_blank\" rel=\"noopener noreferrer\">Sprint\/Nextel<\/a> with 8,000 layoffs<\/li>\n<li><a href=\"http:\/\/www.hitachi.com\" target=\"_blank\" rel=\"noopener noreferrer\">Hitachi<\/a> with 7,000 layoffs<\/li>\n<li><a href=\"https:\/\/www.intel.com\/\" target=\"_blank\" rel=\"noopener noreferrer\">Intel<\/a> with 6,000 layoffs<\/li>\n<li><a href=\"http:\/\/www.philips.com\/\" target=\"_blank\" rel=\"noopener noreferrer\">Philips<\/a> with 6,000 layoffs<\/li>\n<li><a href=\"http:\/\/www.google.com\" target=\"_blank\" rel=\"noopener noreferrer\">Google<\/a> with 5,100 layoffs<\/li>\n<\/ol>\n<p>We can hope that CEOs with their multi-million dollar salaries such as HP&#8217;s Mark Hurd who made <a href=\"https:\/\/web.archive.org\/web\/20090227082001\/http:\/\/www.latimes.com:80\/business\/la-fi-hewlett21-2009jan21,0,5472760.story\" target=\"_blank\" rel=\"noopener noreferrer\">over $42.5 million<\/a> in 2008 or Sprint\/Nextel&#8217;s Gary D. Forsee who made over <span class=\"removed_link\" title=\"http:\/\/www.aflcio.org\/corporatewatch\/paywatch\/ceou\/database.cfm?tkr=S&amp;pg=1&amp;CFID=30005172&amp;CFTOKEN=59865437\">$40 million<\/span> or ATT&#8217;s Randall Stephenson who made over\u00a0<span class=\"removed_link\" title=\"http:\/\/www.aflcio.org\/corporatewatch\/paywatch\/ceou\/database.cfm?tkr=T&amp;pg=1&amp;CFID=30005172&amp;CFTOKEN=59865437\">$21.9 million<\/span> in 2007 actually understand their actions disrupt the lives of\u00a0over a quarter of million real families when they eliminate jobs.<\/p>\n<p>&nbsp;<\/p>\n<p><em><a title=\"Ralph Bach\" href=\"https:\/\/rbach.net\/index.php\/new-resume\/\" target=\"_blank\" rel=\"noopener noreferrer\">Ralph Bach<\/a>\u00a0has been in IT long enough to know better and has blogged from his\u00a0<a title=\"Bach Seat\" href=\"https:\/\/rbach.net\/\" target=\"_blank\" rel=\"noopener noreferrer\">Bach Seat<\/a> about IT, careers, and anything else that catches his attention since 2005. You can follow him on <a class=\"broken_link\" href=\"http:\/\/www.linkedin.com\/in\/rb48334\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">LinkedIn<\/a>,\u00a0<a href=\"https:\/\/www.facebook.com\/ralph.bach.14\" target=\"_blank\" rel=\"noopener noreferrer\">Facebook<\/a>,\u00a0and\u00a0<a href=\"https:\/\/twitter.com\/rbach48334\" target=\"_blank\" rel=\"noopener noreferrer\">Twitter<\/a>. Email the Bach Seat\u00a0<a href=\"mailto:\/\/bach.seat@gmail.com\" target=\"_blank\" rel=\"noopener noreferrer\">here<\/a>.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>During the recession yechnology firms have eliminated at least 205,000 positions through layoff since October 2008<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[37],"tags":[3216,109,216,536,92,168,904,476,93,31,1738,37,641],"class_list":["post-167","post","type-post","status-publish","format-standard","hentry","category-recession","tag-3216","tag-att","tag-dell","tag-goog","tag-google","tag-hp","tag-hpq","tag-intc","tag-intel","tag-layoffs","tag-nec","tag-recession","tag-t"],"aioseo_notices":[],"aioseo_head":"\n\t\t<!-- All in One SEO 4.9.8 - aioseo.com -->\n\t<meta name=\"description\" content=\"During the recession yechnology firms have eliminated at least 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