In the ever-evolving tech landscape, major companies are facing significant workforce reductions as they shift towards cloud computing. According to Trip Chowdhry, managing director at Global Equities Research, the next 12 months will see more severe layoffs than expected in the tech industry. He estimates that over 333,000 jobs could be lost due to this transition.
Chowdhry highlighted that back-end IT employees, who make up about 70% of the industry's workforce, are particularly at risk. As businesses increasingly rely on cloud services from providers like Amazon, demand for traditional IT roles is declining. This shift is expected to result in a 30% reduction in the need for back-end technology professionals within the next year.
Several major tech firms have already announced or are expected to announce significant layoffs:
- **EMC**: 70,000 employees; 10,000–14,000 expected to be laid off (15–20%).
- **VMware**: 17,000 employees; 1,700–2,500 expected to be laid off (10–15%).
- **HP Enterprise**: 240,000 employees; 72,000 expected to be laid off (30%).
- **Hewlett-Packard**: 287,000 employees; 86,000 expected to be laid off (30%).
- **Cisco**: 72,000 employees; 14,000 expected to be laid off (20%).
- **IBM**: 379,000 employees; 95,000 expected to be laid off (25%).
- **Juniper Networks**: 8,800 employees; 1,300 expected to be laid off (15%).
- **Oracle**: 132,000 employees; 26,000 expected to be laid off (20%).
- **Microsoft**: 118,000 employees; 18,000 expected to be laid off (15%).
- **Network Appliance**: 12,800 employees; 1,800 expected to be laid off (15%).
- **Symantec**: 19,000 employees; 2,800 expected to be laid off (15%).
- **F5 Networks**: 4,500 employees; 450 expected to be laid off (10%).
- **Yahoo**: 12,500 employees; 3,500 expected to be laid off (30%).
- **Yelp**: 3,671 employees; 1,000 expected to be laid off (30%).
These numbers reflect a broader trend in the tech sector, where innovation and automation are reshaping employment structures. While some companies are adapting by investing in new technologies, others are struggling to keep up, leading to widespread job cuts. The impact of these changes is being felt across the industry, signaling a major transformation in how tech companies operate and manage their workforce.
Rotary Switch
Description
-Contact Resistance:≤50mΩ
-Insulation Resistance:≥100mΩ
-Dielectric Strength:1,500V,
-1min Electronic Life:10,000 cycles
-Operating temperature:T120
-Rating current/voltage:6A 250V AC
Features
â—† Small Compact Size, high reliability
â—† Micro contact gap,high speed operation,high sensitirity,Micro operatizon travel.
â—† Long life & high reliability
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