[svlug] Silicon Valley economic woes (was: Linux and hardware)
Deirdre Saoirse Moen
deirdre at deirdre.net
Tue Aug 21 21:13:01 PDT 2001
Ian Kluft wrote:
>Other companies didn't survive to try again next time. This month alone
>saw Metricom/Ricochet (wireless network provider) and Rhythms (DSL provider)
>go out of business. Bankruptcy filings and business closings have been
>all over the discussion on the SVLUG list lately....
I've been laid off from three companies in the last 14 months, two of
them were very short stays when an expected project was cancelled.
All are fortunately still in business (as are the three other
companies I worked or contracted for since moving to the bay area),
but for some survival is not assured.
Some of the things I do know:
- most of the households I know have one unemployed adult
- most of the people I know who have changed jobs have "traded down,"
often WAY down. I know developers working for Starbucks. I'm too
overqualified; Starbucks won't call me back.
And that just about says it all.
_Deirdre Stash-o-Matic: http://fuzzyorange.com http://deirdre.net
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