Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Global Crossing - GX (formerly GBLX) -- Ignore unavailable to you. Want to Upgrade?

To: SecularBull who wrote (5627)	4/19/2000 12:01:00 AM
From: TechMkt	Respond to of 15615

Here is a piece of an article I got off the techweb.com site. This is the potion that related to GBLX. It sounds like they are in a heavy hiring mode. Fez _________________________________ Global Crossing Ltd. (Hamilton, Bermuda) is another example of a provider that is willing to hire employees from a range of companies and industries. Global Crossing has increasingly expanded its search to dot-coms and financial companies that may dabble in telecommunications. This search has been particularly challenging, given its planned growth and international expansion. The company merged with Frontier Communications Corp. late last year and is in the process of building a pan-European fiber optic network that links 41 metropolitan centers in Europe. The company has acquired some talent through corporate acquisitions to bring its workforce to 14,000 worldwide, but it's still in heavy hiring mode. It estimates it will need 2,000 more employees by year's end. Global Crossing's executives, however, say they are having a lot of luck using the Internet. The company now hires 18 percent of its international employees through Net contact and expects that percentage to rise to 20 by the end of the year. "We have seen a significant increase [in recruiting via the Web] over the last few years," says John Comparin, senior vice president of human resources for Global Crossing. "But Europe continues to be our biggest challenge." One reason Europe is tough is because it lacks a strong entrepreneurial spirit compared with what's found in the United States. People are less interested in taking risks when making career changes, and that makes it particularly hard for newer companies like Global Crossing to attract talent, Comparin says. Yet the reluctance of some to take risks doesn't alter Global Crossing's needs. That just means that, like its competitors-and suppliers-the company is forced to squeeze out whatever it can get from the employment tubes it uses.