Silicon Valley Gets Stung


	Silicon Valley Gets Stung

Victoria Barret

4-14-2009 11:39 AM

292 views

tags:

employment, silicon valley, engineers

Victoria Barret says:

Job losses in techland jumped earlier this year, as the recession made its way from Wall Street to Silicon Valley. Will these jobs return? Or did many end up overseas, permanently?

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<div style="margin: 12px 0px; font-family: arial; color: #333333; background: #ffffff; border: solid 4px #e5e5e5; width: 100%; clear: left;"><div class="CM_CTB_Content_Wrap" style="margin: 0px; padding: 0px;background-color: #ffffff;"><div style="border-bottom: solid 1px #dcdcdc; white-space: nowrap; margin-bottom: 8px; background-color: #eeeeee ;background-image: url(http://clipmarks.com/images/source-bg.gif); background-repeat: repeat-x; height: 24px; line-height: 24px; vertical-align: middle; padding-bottom: 4px; color: #666666; font-size: 10px;" ><a href="http://clipmarks.com/clip-to-blog/" title="see clips that are hot right now"><img src="http://content.clipmarks.com/blog_embed/685901a1-9344-4e45-9af2-adde06598007/8002D60C-4133-4207-B096-56EA5D67D4F9/" alt="" width="19" height="19" border="0" style="vertical-align: middle; margin: 0px 4px; display: inline; border: none; float:none;" /></a>clipped from <a title="http://www.mercurynews.com/ci_12134979" href="http://www.mercurynews.com/ci_12134979" style="font-size: 11px;">www.mercurynews.com</a></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.mercurynews.com/ci_12134979">Tech accounted for 21 percent of all lost jobs in the first two months of the year, for instance, compared to 13.6 percent of all lost jobs since the start of the recession in December 2007</blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.mercurynews.com/ci_12134979"><P>And more than two-thirds of the 7,112 layoffs scheduled during the first quarter were from high-tech companies, according to notices filed by companies with the EDD.</P></blockquote></div><div style="margin: 0px 6px 6px 4px;"><table style="font-size: 11px;border-spacing: 0px;padding: 0px;" cellpadding="0" cellspacing="0" width="100%"><tr><td style="background:transparent;border-width:0px;padding:0px;">&nbsp;</td><td align="right" style="background:transparent;border-width:0px;padding:0px;width:107px" width="107"><a href="http://clipmarks.com/share/8002D60C-4133-4207-B096-56EA5D67D4F9/blog/" title="blog or email this clip"><img src="http://content6.clipmarks.com/images/c2b-foot.png" border="0" alt="blog it" width="107" height="17" style="border-width:0px;padding:0px;margin:0px;" /></a></td></tr></table></div></div>

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