🚀 go-pugleaf

Rising from fathoms unknown to the minds of men, jeremiah@idt.net
(Jeremiah Kristal) intoned (and nyc.general quaked):
>On Sat, 17 Oct 1998 05:03:04 GMT, ElocutusOfBorg@hotmail.com
>(Elocutus, First Borg Son) wrote:
>
>>Rising from fathoms unknown to the minds of men,
>>smanes@NOSPAM.HEREmagpie.com (Steve Manes) intoned (and nyc.general
>>quaked):
>>>On Fri, 16 Oct 1998 22:08:20 GMT, ElocutusOfBorg@hotmail.com
>>>(Elocutus, First Borg Son) wrote:
>>>>>I trust you heard the "anecdotal evidence" on the news today about
>>>>>Merrill-Lynch laying off 3400 of its NYC workforce?
>>>>
>>>>600, but thank you for playing.
>>>
>>>3400, but then again you don't trust the "anecdotal evidence" of
>>>CNN-FN anyway.
>>
>>3400 worldwide, 600 in New York City.  Incidentally, Merrill Lynch is
>>*hiring* programmers this week, even as it cuts staff elsewhere.
>
>They are also laying off or not renewing the contracts for 950
>consultants in the NYC area.  Our HR guys seem very happy right now.
>I'm also seeing our contract consultants hanging out in the office and
>hitting the bar by 4:30.

I'd be interested in knowing how many of those consultants are tech
types.  I worked at Merrill for just over a year and did not come away
with the impression that they *had* 950 techies on site.

Everyone I've talked to over the last month in the technical
recruiting industry tells me the same thing:  Business is booming.
Job orders are as high as they've ever been.  Hiring freezes are a
natural part of the business cycle.  Nobody's going begging.

This action by Merrill Lynch may change all that, but I don't think
it's happened yet.

--Elocutus
===
"I have the necessary qualifications to 
 speak on behalf of Jesus."
  --Ted Kaldis