Comments on: Isle of Man made redundant

By: Nick Case-Leng

Nick Case-Leng — Thu, 29 Jan 2009 09:14:51 +0000

In the meantime Asda and a few other companies are expanding (which will include IT staff). There will be some companies that will benefit from the recession.

Perhaps for the sake of even-handedness (and a small ray of sunshine) you should deduct these increases from the job losses!

And further down the line, what with the fall of the pound against other currencies, and probable decreases in pay in the IT sector (due to oversupply), perhaps some of the outsourcing to India and the Far East will be brought back inhouse???!!!

By: Stuart Turton

Stuart Turton — Tue, 27 Jan 2009 14:10:21 +0000

Yup forgot about those, I’ll add them in later. Further brush stokes on the canvas of woe…

By: Ed Clarke

Ed Clarke — Tue, 27 Jan 2009 12:25:05 +0000

Not to mention:

HP/EDS 3378
BT Global Services 10000

By: John

John — Tue, 27 Jan 2009 11:58:57 +0000

Remember also that the large banking/financial institutions will have IT staff amongst those being made redundant.

By: Dave Marchant

Dave Marchant — Tue, 27 Jan 2009 08:32:28 +0000

This is possibly only the tip of the iceberg. It is only the large high-profile companies that hit the news. There are a raft of mid and small companies making similar cutbacks. It may be more appropriate to look at percentages. That way we can get an idea of an average percentage across the industry. I would start off by saying it is not unusual for a company of 250 – 500 staff laying off between 5% and 10% of the workforce.