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To: High-Tech East who wrote (42879)4/11/2001 12:15:15 AM
From: Charles Tutt  Read Replies (1) | Respond to of 64865
 
My guess is there's an "inventory correction" in employees going on. Some companies overhired, thinking otherwise they wouldn't be able to get the employees when they needed them. What we're seeing is an unwinding of that effect, and some deadwood clearing.

JMHO.

Charles Tutt (TM)



To: High-Tech East who wrote (42879)4/11/2001 11:51:50 AM
From: JDN  Respond to of 64865
 
Dear Ken: Management of Public Companies is under tremendous pressure to perform. Doesnt surprise me in the least they would lay off even in the short term. JDN