Bean Counters at Bay
IT SQUAWKBOX
Every day there are reports that firms are outsourcing, offshoring and/or laying off huge numbers of IT staff members in anticipation of what appears to be a recovery on the horizon. To be sure, a significant percentage of the layoffs come from those whose work directly or indirectly affects the trading floor.
As the bloodletting reaches near-manic levels, someone somewhere has got to be asking: Have the cuts been too much? Too deep? The corporate bean counters and lemming-like executives are
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