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Re: [newtech-1] Is the current IT job market unstable?

From: Avi D.
Sent on: Friday, May 9, 2008 12:21 PM
I spent a few years (OK, more than a few) working in IT in large firms here on the East Coast, and have a number of friends at senior roles. The New York market is heavily driven by the financials, which in turn are very susceptible to the market cycles. In the good years, there is a lot of money there, but when the market turns down, the slashing can be to the bone. Right now, many firms are freezing or laying off. When it turns back, they will start hiring in a panic to fill.

Avi Deitcher
Atomic Inc.
[address removed]

On Fri, May 9, 2008 at 12:08 PM, angie <[address removed]> wrote:
Hi all,

As some of you know, I just moved back to NY from the west coast about two months ago, after been gone for many years. I just started my job hunt in April and so far found my job experience "odd".

I have interviews almost everyday with different companies calling me to start the interview cycle, but as I go through the interview cycle half way through and the job req closed.  I even had one where I went through the whole cycle (1 month worth); they loved me and said how great I was but they close the req due to lack of funding.

Is this common? It seemed like the east coast IT job market is very unstable now, or is it just my luck?


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