Re: IBM Is Importing Low Wage Employes To Avoid Paying American A Decent Wage!

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From: Steve Manes
Date: Sat, 10 Oct 1998 00:00

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On Fri, 09 Oct 1998 23:01:21 GMT, jeremiah@idt.net (Jeremiah Kristal)
wrote:
>Also, both 1010WINS and WCBS reported on Wall St hiring freezes
>yesterday morning.  Certain large financial institutions with whom my
>employers do business are indicating that they may be scaling back the
>services they buy from us.  Which basically means they're cutting back
>on outsourced and temporary programmers.

Don't tell Elocutus.  That's just "anecdotal evidence", you know.

CNN-FN reported tonight that Wall Street is bracing for a round of job
layoffs unseen since 1987 (ML has already begun)..  Also reported was
that job income among the big downtown financials has dropped 14%
since the beginning of the year.

------------------[ http://www.magpie.com ]-----------=o&>o-------
Steve Manes        smanes [at] magpie.com       N'Yawk, N'Yawk

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From: smanes@NOSPAM.HEREmagpie.com (Steve Manes)
Subject: Re: IBM Is Importing Low Wage Employes To Avoid Paying American A Decent Wage!
Date: 1998/10/10
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