More signs of volatility returning to the job market, why you care about a debt crisis in Europe, and selected cuts at Microsoft.
Our main points:
- The tech job market’s shown some promising signs
lately, but it’s going to be unpredictable for a while.
- On the one hand, the Bureau of Labor Statistics
reported a net gain of 9,100 IT jobs in June.
- On the other, Research firm Foote Partners sees a
lot of “economic pessimism” out there.
- That’s going to hurt any positive momentum that
shows up from time to time.
- The firm’s president, David Foote, says hiring of
full-time tech employees will continue to be volatile
- But there could be strong demand for specific
- Hot areas: ERP. virtualization, security,
storage-attached networks, business process management, Web platforms, and
some areas of application development.
- You know all that talk about the debt crisis in Europe. It doesn’t affect you, right?
- Gartner’s trimmed its global IT spending forecast
- It now expects spending increases to rise 3.9
- Before, it was 5.3 percent.
- The big reason: The European debt crisis.
- Among other things, it’s causing both governments
and companies to look for ways to reduce debt. That’s going to have a
- All that economic pessimism is going to hurt, too:
People are worried about a double dip recession, so spending in the
consumer sector will probably be down, as well.
- Microsoft’s considering some layoffs as it begins
its new fiscal year, says cnet.
- It’s part of the company’s annual reshuffling that
results in cuts here, but new jobs there.
- The website TechFlash reports the cuts number in
the hundreds – not the thousands like we saw last year.
- The cuts are being made globally.
- A lot of them are reportedly in the marketing
areas, TechFlash says.