"Firms in the United States technology sector announced planned job cuts totaling 84,217 in the first quarter 2009, up 27 percent from 66,312 in the previous quarter. It was the largest quarterly jobcut tally for the sector since 2002 fourth quarter, when 133,511 layoffs were announced in that quarter" according to the report released Monday by global outplacement firm Challenger, Gray & Christmas, Inc."
http://blog.baselinemag.com/bottom_line/content/careers/technology_employment_worst_quarter_since_2002.html
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