The Tech Job Paradox

Rob Hof

On the surface, this new reportfrom the outplacement firm Challenger, Gray & Christmas looks pretty positive: High-tech job cuts fell 23% last year. But dig a little deeper, and the future still looks grim for the poor tech worker. Nestled at the bottom of Challenger Gray's press release is this damning observation by CEO John Challenger: "The future for this sector could be characterized by a seemingly contradictory co-existence of heavy job cutting along with severe labor shortages."

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