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Where did you come up with 2500 equals 8% of their workforce?
Hehe, you left out that Caterpillar beat earnings estimates.
Apple just reported it's largest earnings in history. Same for Amazon.
MSFT is up, McDonald's is up, Facebook is way up, AA is way up, Honeywell is up, MasterCard up 11%, Tyco is up....
Yeah, the economy is going to shit...
where are the jobs? there are multiple indicators showing things are nowhere near good but you completely ignore them...
large numbers of people unemployed, global shipping at a standstill, bank of Japan going negative on interest rates, oil collapse, Saudis 6 months behind.... Walmart closing locations etc... yup all is rosy...
EMC: Total Employees: 70,000: Between 15% to 20% layoffs = between 10,000 and 14,000
VMWare: Total Employees:17,000: Between 10% and 15% layoffs = between 1,700 and 2,500
HP Enterprise (HPE): Total Employees 240,000: about 30% layoffs = about 72,000
HP Inc (HPQ): Total Employees 287,000: about 30% layoffs = about 86,000
IBM (IBM): Total Employees 379,000: about 25% layoffs = about 95,000
Cisco (CSCO): Total Employees 72,000: about 20% layoffs = about 14,000
Juniper (JNPR): Total Employees 8,800: about 15% layoffs = about 1,300
Oracle (ORCL): Total Employees 132,000: about 20% layoffs = about 26,000
Microsoft (MSFT): Total Employees 118,000: about 15% layoffs = about 18,000 (Microsoft is letting go about 200 to 250 people every week, and none of these are ever announced)
Network Appliance (NTAP): Total Employees: 12,800: about 15% layoffs= about 1,800
Symantec (SYMC): Total Employees: 19,000: about 15% layoffs = about 2,800
F5 Networks (FFIV):Total Employees: 4,500: about 10% layoffs = about 450
Yahoo (YHOO): Total Employees 12,500: about 30% layoffs = about 3,500
Yelp (YELP): Total Employees 3,671: about 30% layoffs = about 1,000
1. None of the layoff have happened. It's only someone's guess.
2. "He predicts there will be at least 333,000 layoffs in the next twelve months, in part because of developments such as cloud computing."
"Chowdhry’s philosophical justification for such a dour view is in large part that the shift to cloud computing eliminates a lot of IT talent that has been classically devoted to “back-end” operations of IT. "
"He opines that 70% of the work done in IT is for such back-end things, versus the 30% that is focused on, presumably, more rewarding “domain-specific” tasks."
So I guess you've moved your IRAs totally into cash pending the impending market crash?
"This idiot is just randomly pulling numbers out of his clueless ass."
"Then a video from him shows he predicted Apple will melt down in 2013 since Steve Job has died ! Since then Apple Stock has doubled and their sales has gone up significantly !"
"Chowdhry is an idiot. The Cloud does not exist and function by itself. We are talking about highly complex systems that require knowledgeable IT professionals to operate and support. A lot of companies listed in the article have cloud service offerings and most likely are struggling to retain the back-end IT talent."
"What an idiot. The numbers he is stating are completely unfounded. These companies have nowhere near these staffing levels working in IT like he claims. Total idiot!"
"See what too much Chicken and Curry and Pepper does to ones brain !"
"Who allowed this loser to provide research. His track record really sucks. Trip usually make random guess to stay in in news and 99.99% times is wrong. Trip get real and get a life, stop throwing bullshit in the field."
"The author could not even get the employee strength of some of the companies right, which I am sure is public knowledge, He is way off on some of the numbers. Shoddy research or sheer carelessness. Such articles which do not even get the basic facts correct should never be posted in reputed websites."
@ including Hewlett Packard in list of companies that might be laying off employees. HP has been laying off large numbers of people since the Carly Fiorina days.
EMC and VMW are being bought by Dell so it shouldn't be any surprise if employees get laid off. It's S.O.P. for companies to lay people off after mergers; It happens all the time.
If things are so bad, Google/Alphabet wouldn't have increased their headcount vs a year ago. It's up by 8,214 people (15.3%).
Three Months Ended December 31, 2014 = 53,600 employees
Three Months Ended December 31, 2015 = 61,814 employees
Oracle? No surprise there if they do lay off employees. They're getting destroyed by Salesforce.com who has been increasing headcount every year. Other companies stealing business away from Oracle include: Amazon.com, Google/Alphabet, Workday,....
Mark Zuckerberg is going to need to find some more pinball machines and rock-climbing walls. The social networking company, known for its many perks that make it a regular on the hottest-places-to-work lists, is increasing headcount at an incredible pace.
Facebook, which reported Wednesday that sales fell short of estimates, passed the 10,000-employee mark last quarter. With a total of 10,082 at the end of March, Facebook increased headcount by 48 percent compared with the same time last year.
As of Dec 31, 2015, Facebook had 12,691 employees. In 9 months time (Mar 2015 to Dec 2015), they increased headcount by 2,609 people (25.87%).
SYMC? Another company getting business taken away by companies like PANW, FEYE, CYBR, RPD, PFPT, FTNT,....
I can go through each and every one of those predictions and show you companies that are hiring where others might be firing.
1. None of the layoff have happened. It's only someone's guess.
2. "He predicts there will be at least 333,000 layoffs in the next twelve months, in part because of developments such as cloud computing."
"Chowdhry’s philosophical justification for such a dour view is in large part that the shift to cloud computing eliminates a lot of IT talent that has been classically devoted to “back-end” operations of IT. "
"He opines that 70% of the work done in IT is for such back-end things, versus the 30% that is focused on, presumably, more rewarding “domain-specific” tasks."
So I guess you've moved your IRAs totally into cash pending the impending market crash?
Oracle? No surprise there if they do lay off employees. They're getting destroyed by Salesforce.com who has been increasing headcount every year. Other companies stealing business away from Oracle include: Amazon.com, Google/Alphabet, Workday,....
Salesforce.com headcount as of Jan 31, 2016 was 19,742. That's an increase of 3,515 employees (+21.66%) vs the 16,227 employees from a year ago (Jan 31,2015).
Not only has headcount gone up annually, it also has gone up sequentially.
Jan 31, 2007 = 2,070 employees
Jan 31, 2008 = 2,606 employees (increase of 536 or 25.9%)
Jan 31, 2009 = 3,566 employees (increase of 960 or 36.84%)
Jan 31, 2010 = 3,969 employees (increase of 403 or 11.30%)
Jan 31, 2011 = 5,306 employees (increase of 1,337 or 33.69%)
Jan 31, 2012 = 7,785 employees (increase of 2,479 or 46.72%)
Jan 31, 2013 = 9,800 employees (increase of 2,015 or 25.88%)
Jan 31, 2014 = 13,300 employees (increase of 3,500 or 35.71%)
Jan 31, 2015 = 16,227 employees (increase of 2,927 or 22%)
Jan 31, 2016 = 19,742 employees (increase of 3,515 or 21.66%)
01-30-2016, 06:00 AM
@ including Hewlett Packard in list of companies that might be laying off employees. HP has been laying off large numbers of people since the Carly Fiorina days.
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