Death Valley Days For The Techies

When Ellis Goldberg was laid off last May as marketing director of Biomation Corp., a Silicon Valley electronic test-equipment maker, he figured he could quickly find work in the job-rich region. He figured wrong. Six months, 30 interviews, and 1,000 resumes later, he was forced to settle for a sales job with a tiny software company that paid 30% less than his old $70,000-a-year job. At least he had work.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.