It's clear why people are nervous. Just yesterday Ciena Corp. (Nasdaq: CIEN) announced it was cutting 22 percent of its workforce. Last week startup Ellacoya Networks Inc. announced it was laying off another 30 percent (see Ciena Slashes Some More and Ellacoya Cuts Staff -- Again). It’s no wonder that people in the industry are frustrated about their opportunities.
Light Reading’s March Work Poll asked respondents about what they would do in the case of being laid off. Most of the responses indicate a growing uneasiness with the work environment. For example, most of the the 476 respondents said they would consider a major move or a pay cut in order to find a job if they were laid off.
Here are some other preliminary results from the respondents, when asked what they would do in the case of losing their job:
— Marguerite Reardon, Senior Editor, Light Reading