Layoff tracker website for IT & Software markets

Recession phobia is spreading very fast and strange rather funny ideas have started to sprinkle. Just have a look at this website:

These people have developed a database of IT companies who have layed off staff due to bad sales and bearish profit forecasts. They keep their database updated and its searchable as well with all statistics, remarks and features. The highest figure I have seen is from HP which is 24600 but overall I see IT is among the least effected industry. To further classify, most of the people among the layed off staff is from sales and marketing departments.



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