x
Employment

Job Market Isn't Dead

While layoffs may have hit record highs in the optical networking industry this year, plenty of companies are still recruiting staff.

A total of 370 positions are currently listed in Light Reading’s Job Database and, no, these aren’t listings that were posted a long time ago and then forgotten about. In fact, more than half of them -- 188 to be exact -- were posted for the first time during August.

Nearly all of last month’s new recruitment listings were posted by startups. The exceptions are companies that have gone public fairly recently, such as ONI Systems Inc. (Nasdaq: ONIS) and Tellium Inc. (Nasdaq: TELM).

The startups recruiting the largest numbers of staff (possibly reflecting their confidence in the future) include Atrica Inc., Avicron Technologies, Azanda Network Devices, Calix Networks, Nexsi Corp., Optium Corp., Procket Networks Inc., Sabeus Photonics and Solinet Systems Inc.

Another surprising tidbit about the current job market was unveiled by Light Reading’s Work Poll last month (see The Job Hunt). The poll indicates that plenty of people that already have a job are hoping to find a better one within the next few months. Some 21 percent of the 847 respondents said they would consider looking for a new job straight away, while a total of 63 percent said they would be looking within the next 12 months.

Quite a high proportion of respondents -- 16 percent -- said they got their last job by responding to an Internet job posting, while 21 percent percent got their job via a recruiter. By far the biggest proportion -- 46 percent -- got their job via direct contact with the company that eventually hired them.

This month’s Work Poll takes another look at Option Plans. In particular, it reviews how their perceived value has changed in the past year and examines people’s attitudes towards taking more options in exchange for a pay-cut -- something Redback Networks Inc. (Nasdaq: RBAK) has proposed (see DeNuccio Joins Redback).

— Peter Heywood, Founding Editor, Light Reading
http://www.lightreading.com
soonhwa 12/4/2012 | 7:52:44 PM
re: Job Market Isn't Dead What a surprisingly great figure, 370 jobs available on the list.Boy are we relieved! let's just go to the employment list of light reading and get each of us a job that we want.

The job market isn't dead after all, I mean there are 370 jobs! how can any one say it's dead.

lght_bulb 12/4/2012 | 7:52:43 PM
re: Job Market Isn't Dead I won't comment on the editorial genuis of LR's job sampling but at least someone is kind enough to publish something 'positive' instead of the next round of layoffs by company 'X'.
jjfennell 12/4/2012 | 7:52:42 PM
re: Job Market Isn't Dead 370 jobs, yet 145000 layoffs. thats .25%
whoo hooo! cookin'
lightDrinker 12/4/2012 | 7:52:37 PM
re: Job Market Isn't Dead It's in a persistant vegatative state...
laserfocus 12/4/2012 | 7:52:35 PM
re: Job Market Isn't Dead Would have been nice to have had some relevant figures for where these postings were 3, 6, and 9 months ago on lightreading's job board. Also, some in-depth figures for "other" job boards, we all know they exist!
HarveyMudd 12/4/2012 | 7:29:23 PM
re: Job Market Isn't Dead For many start-uips on the west coast, scarity of job, means spying on other companies. This process is partucularly hewlpful through headhunters. These tricks hurt the morale of the workers.

The current job situation has particularly become togh because of issuance of H1 Visas by the US Government. The appetite for cheap programmers is so enormous that our youths cannot find jobs.

The west coast of the country has become worst than many third world countries.. The situation is detoriating very fast and the change in immigration policies is warranted.
asmo 12/4/2012 | 7:28:43 PM
re: Job Market Isn't Dead >For many start-uips on the west coast, scarity of job, means spying on other companies. This process is partucularly hewlpful through headhunters. These tricks hurt the morale of the workers.
---------------------------------------------
What the hell are you talking about Harvey?

---------------------------------------------
>The current job situation has particularly become togh because of issuance of H1 Visas by the US Government. The appetite for cheap programmers is so enormous that our youths cannot find jobs.
----------------------------------------------

>Hey lets pick on foreigners the're an easy target. Ever think that H1 Visa people are being hired for their individual skills and not because they are "cheap"? I know many people on H1 Visa's I don't know where this idea of cheap labour comes from, many of them are employeed as they have skill-sets that a company requires, simple as that.


----------------------------------------------
The west coast of the country has become worst than many third world countries.. The situation is detoriating very fast and the change in immigration policies is warranted.
----------------------------------------------

Yeah right, maybe a slight exaggeration? When drive around the Valley it doesn't exactly remind me of 3rd world countries.

I feel sorry for employees and families affected by the down turn and there maybe some cause to re-examine the H1 Visa quotas in future, but blaming the problem on the foreigners is a typical simplistic uneducated argument.


A.
HOME
Sign In
SEARCH
CLOSE
MORE
CLOSE