Tech industry slashing jobs again ??

CNET News.com has a story looking at the tech industry employment for the past couple of months. Reading through the story it appears that most of the cuts are as a result of industry consolidation rather than people taking a breather in their tech buying. With the economy picking up steam the pace at which people buy tech products should continue for the next year or two depending on how the economy improves.

I think that the consolidation that various tech industries have gone through should better prepare them for the next several years. If this is the case then companies should go back onto the hiring trend relatively soon. LinuxPipeline carries another story about IT hiring trends. Several points they bring out are longer-term concerns over outsourcing and automation are things to pay attention to. One thing they point out is that companies are focusing on hiring people who can prove they have the experience either through a degree or through certifications. The people who have been jack of all trades seems to be the ones getting squeezed out.

Another point the article makes is this is the first stretch of a couple months that IT hiring has been able to sustain. It seems that "companies are 'spending more on IT talent to tackle IT projects' that had been shelved or delayed for several years." This is a good sign that with an improving economy and competition to provide better services there will be greater demand for IT workers on a longer term basis.