For example, here is just one study from today: http://news.com.com/2009-1033-839335.html
""nrf"" wrote in message [EMAIL PROTECTED]">news:[EMAIL PROTECTED]... > Most indications seem to be that the networking industry, and the > telco/provider segment in particular will greatly lag any general economic > recovery. Nobody is predicting a serious telecom recovery this year, and > many economists don't even predict one next year. Many big names have > already gone down - Exodus, Excite@home, GlobalCrossing - and others are > playing serious defense - Level3, MCIWorldcom, AT&T, Qwest. Huge debt > payments continue to hang over the industry, and that problem won't be > cleared up anytime soon. > > One dirty little secret of the provider industry is that very few providers > actually make consistent profit on a true cash-flow basis. Just like the > dotcoms, the providers can't figure out how to wring a decent amount of > profit out from the Internet either. Sure, many providers will claim > pro-forma profits, but after the Enron catastrophe, nobody wants to see > pro-forma numbers, correctly preferring real cash-flow numbers. > > But all this talk might be a case of fiddling while Rome burns. All this > talk of a future recovery in the long run doesn't really help anybody right > now. Like the macro-economist John Maynard Keynes once said: "In the long > run, we're all dead". Specifically, discussion of decent job prospects in > the future doesn't exactly help a guy who needs to pay the bills now. > > > > > ""Steven A. Ridder"" wrote in message > [EMAIL PROTECTED]">news:[EMAIL PROTECTED]... > > It's the economy. When it picks up, so will the jobs. > > ""saktown"" wrote in message > > [EMAIL PROTECTED]">news:[EMAIL PROTECTED]... > > > I don't know if this is going to make you feel better or not (probably > > not), > > > but anyways it is not strictly true that there are all these networks > that > > > need to be maintained. A lot of people have wondered how the industry > can > > > be laying all these people off if there are a constant number of complex > > > networks to maintain. > > > > > > The fallacy in that logic is that in reality the number of networks, > and > > > their complexity, has indeed gone down in absolute terms. While the > > > enterprise space still continues to maintain lukewarm demand, the > > > telco/provider segment is nothing less than a disaster of epic > > proportions. > > > I would contend that for every new box requisitioned by an enterprise, > > > another 2 or 3 have been decommissioned by a dying provider. Check out > > the > > > latest auction of Cisco gear from Excite@Home as a poignant example. > > > Furthermore, much of the growth in the enterprise space requires very > > little > > > skill to set up (i.e. install a single router to connect to an ISP), > > whereas > > > provider networks tend to be tremendously complicated, therefore > requiring > > > great expertise to maintain, but of course now there is no more provider > > > network to maintain. Hence, you have lots of highly skilled network > dudes > > > who got laid off from providers who are now competing for jobs running > > > networks for enterprises. > > > > > > > > > > > > > ----- Original Message ----- > > > > From: "John Green" > > > > To: > > > > Sent: Saturday, February 16, 2002 11:16 AM > > > > Subject: what is wrong with the job market ? [7:35611] > > > > > > > > > > > > > seems all jobs have just vanished. well then who runs > > > > > the networks and equipment ? it's real bad out there > > > > > in the job market. > > > > > any web sites to put the resume ? seems dice, monster, > > > > > headhunter are not producing any results. > > > > > > > > > > how long is this goind to last ? > > > > > > > > > > __________________________________________________ > > > > > Do You Yahoo!? > > > > > Yahoo! Sports - Coverage of the 2002 Olympic Games > > > > > http://sports.yahoo.com Message Posted at: http://www.groupstudy.com/form/read.php?f=7&i=35753&t=35611 -------------------------------------------------- FAQ, list archives, and subscription info: http://www.groupstudy.com/list/cisco.html Report misconduct and Nondisclosure violations to [EMAIL PROTECTED]
