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Planned layoffs in the computer, electronicsa and telecom industries duriny the recently ended quarter fell to compared to morethan 84,200 in the firsrt quarter of the year, The job cuts in the past three monthxs were roughly equivalent to the second quarter of 2008, when 33,645 positions were eliminated. Still, the combined cuts durinbg the first six months of theyear 118,108 – represented the worst six-month total for the technology sector in seven years. And it was more than twice the number of jobs lostbetween Jan.
1, and June 30, 2008, when 50,989 cuts were The bulk of the second-quarter cuts occurres in the computer industry, with 19,881 layoffsz planned, compared to 12,134 layoffs planned in electronicsand 1,876 layoffs planned in telecom. “Telecom and electronics firmse appear to be benefiting froma recession-defyinv wireless market. Between the companiees trying to outdo the iPhone and those helping more and more Americansa disconnect their land linesfor cellular-only phone there are a lot of growth opportunities,” said John A. the company’s CEO.
“Computer firm may lag a little as companies wait for more proofr of recovery before they begin to reignit e investments innew technologies, but the end of the recessio should bring a flood of new spending in this Some firms may even begin to investt early, in the hopes that productivity-enhancing technologyt can temper the need to recruitr new workers.”
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