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Article #2007

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

#2007
From: Elocutus, First Borg Son
Date: Sat, 10 Oct 1998 00:00
36 lines
2978 bytes
Rising from fathoms unknown to the minds of men,
smanes@NOSPAM.HEREmagpie.com (Steve Manes) intoned (and nyc.general
quaked):
>On Fri, 09 Oct 1998 04:04:51 GMT, ElocutusOfBorg@hotmail.com
>(Elocutus, First Borg Son) wrote:
>>>And jobs have begun to follow, at least in the NYC financial market.
>>>Many downtown financial firms ordered hiring freezes over the last few
>>>weeks out of concerns about the international financial market.  At
>>>least one of the Big Five has already begun lay-offs.
>>
>>Anecdotal evidence is of little value in logical debate.  I've yet to
>>be involved in a job search where one or more of the major investment
>>banks has *not* been in the middle of a hiring freeze.
>
>It ain't anecdotal evidence.  Merrill-Lynch, Goldman-Sachs, Citibank
>and Namura Bank are just a few of the big financials that ordered
>hiring freezes over the last three weeks.  Based upon the dozen or so
>major headhunters I've worked with the last month, the only one I know
>that is still hiring is Morgan-Stanley, and that may have changed in
>the last week too.

You seem to be having trouble with the concept of "anecdotal
evidence."  Naming three investment banks that are instituting hiring
freezes does not a trend make--particularly with no correlating
control data.

For similar anecdotal data, I have two students who have been on the
market for a few weeks.  They interviewed for open positions at
Salomon Smith Barney, Bankers' Trust, Travelers Group, and Sanford C.
Bernstein--all of whom were hiring.

--Elocutus
===
"I read over my post and it looks like 
I'm a rather violent loony." 
     --Kali on rec.music.tori-amos
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From: ElocutusOfBorg@hotmail.com (Elocutus, First Borg Son)
Subject: Re: IBM Is Importing Low Wage Employes To Avoid Paying American A Decent Wage!
Date: 1998/10/10
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