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legion legion is offline
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Join Date: Sep 2004
Location: State of Failure
Posts: 32,246
We are in year 8 of the largest IT project in my company's history. We have an even larger project waiting to start when mine is done. In my department, we have about 6,000 employees and 8,000 externals. My company has never had a layoff in 80+ years of existence. Sure, we've closed offices and what not, but we always offer you a comparable position in a different office (which might be cross country). We usually lose people when they decide not to move. The down economy doesn't hurt our revenue much, but it does cause our expenses to go up. We usually end up raising prices when the economy is down because of this. My company also happened to be one that saw the subprime mess for what it was and avoided it altogether. We felt no pressure to follow the pack as we are not publicly traded.
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Old 10-31-2008, 06:32 PM
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