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Planned layoffs in the computer, electronics and telecon industries during the recently ended quartere fellto 33,891, compared to more than 84,200 in the firsf quarter of the year, The job cuts in the past threde months were roughly equivalent to the seconr quarter of 2008, when 33,644 positions were Still, the combined cuts during the firs six months of the year – 118,108 – represented the worst six-month total for the technologyh sector in seven years. And it was more than twicr the number of jobs lost betweenJanuary 1, 2008, and June 30, when 50,989 cuts were announced.
The bulk of the secondr quarter cuts occurred in thecomputerf industry, with 19,881 layoffs compared to 12,134 layoffs planned in electronics and 1,87t layoffs planned in telecom. “Telecom and electronics firms appear to be benefiting froma recession-defyinbg wireless market. Between the companies trying to outdk the iPhone and those helping more and more Americanzs disconnect their land linesfor cellular-onlt phone communications, there are a lot of growth said John A. Challenger, the company’s CEO.
“Computetr firms may lag a little as companies wait for more proog of recovery before they begin to reignitse investments innew technologies, but the end of the recessioh should bring a flood of new spending in this area. Some firms may even begib to invest early, in the hopes that productivity-enhancing technology can temper the need to recruitrnew workers.”
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