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Technology Stocks : Cisco Systems, Inc. (CSCO)
CSCO 78.32-0.1%Jan 30 9:30 AM EST
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To: Lizzie Tudor who wrote (65587)6/22/2004 11:09:40 AM
From: RetiredNow  Read Replies (1) of 77400
 
You know what's interesting, Lizzie? I still work for a consulting company and the types of projects we're now working on are process improvement projects. So we used to do a lot of process automation work and now we're doing alot more front loaded analysis work to see how we can improve processes. Makes sense to me, because companies are now trying to squeeze more efficiencies out of their processes.

Anyway, so the demand for IT work is about the same, but alot of the work has been offshored. However, the demand for process improvement experts has gone sky high.

So my theory is that if you are an IT person, you will claim the sky is falling. But if you look across the entire spectrum, you'll realize that jobs in the U.S. have shifted to other parts of the economy and other parts of the business within individual companies.
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