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

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From: Steve Manes
Date: Fri, 09 Oct 1998 00:00

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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.

------------------[ 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: 1998/10/09
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