Click to enlarge:
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After Googling a bit:
http://www.cio.com/article/473166/More_IT_Budget_Cuts_Layoffs_Expected_in_First_Half_of_
As usual (!) the comment is more saying as the article:
"Layoffs, at best, produce only short-term improvement. At the risk of creating severe damage. Like a crash, starvation diet - the health risks outweigh the short-term gain. Instead, businesses need to change what they do to be more competitive - and that involves applying innovation - rather than focusing on cost cutting. Read more at http://www.ThePhoenixPrinciple.com"
Clicking on the Phoenix link gives:
"And so many facilities are "scale" in size that overcapacity abounds - meaning the competitor with no capacity (using outsourced manufacturing) can be the "low cost" competitor (like Dell.)."
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