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Strategies & Market Trends : The Residential Real Estate Crash Index
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To: Lizzie Tudor who wrote (16532)2/2/2004 11:14:15 PM
From: Wyätt GwyönRead Replies (2) of 306849
 
yes but what effect is the job drainage having on salaries in SV?

you wrote: all the big companies have cut engineering staff in the US by around 30-40% in silicon valley and hired up in india.

if this many are fired, then this would seem to increase the supply of silicon valley workers for these jobs by more than 50%. what will this do to salaries in the long run. maybe cut them 50%.
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