19 Jan Technology vendor layoffs climb above 100,000
Friday is becoming a dreaded day at most companies. What used to be seen as the start of the weekend is now the day most employees are advised they no longer have a job.
Since the beginning of the year, IT vendors have slashed more than 19,000 jobs—mostly sales and marketing positions, but also technical and R&D positions have been affected. Since October, more than 100,000 jobs have been eliminated by IT vendors and solution providers.