E&P/OSX hiring recruiters can now target high-tech companies for field hands instead of camping out at Oklahoma prisons:
<< The point about WorldCom laying off workers isn't that WorldCom is having problems - we knew that
already, take a look at WorldCom's stock price - it's that 10,000 to 15,000 gainfully employed people are
going to be without jobs - which means 10,000 to 15,000 houses without a breadwinner. And there's a
ripple effect, people who are laid off don't buy cars, can't pay their mortgage, don't buy new clothes, don't
pay taxes but do use tax-funded social services, etc., etc. These aren't just McDonald's type jobs, either.
Add to that the 16,000 that Lucent is laying off, the 5,000 that Penneys' is laying off, the 7,000 that Sara Lee
is laying off, the 2,000 that AOLTimeWarner is laying off, etc., etc. It's not an isolated incident, and it's not
just "company specific.">> |
