I had to repeat that line multiple times as we reduced our IT staff when I worked for a consulting firm many years ago. Other crappy lines included This is nothing personal, just business and Im sure youll land on your feet.
Having been through this experience on the opposite side, as the one being let go, I knew what they were feeling. The unspoken thoughts likely included Why did you hire all these people in the first place? or If you would just fall on your sword and quit, a couple of us more important developers could stay.
The more crushing thoughts were likely along the lines of I shouldnt have just bought that new house or What will I tell my family?
Since the introduction of the personal computer, the IT industry has endured two major recessions, which produced significant layoffs of IT workers. If you listen to the rhetoric coming from the presidential campaign, the news isnt rosy about 2008s economy.
There is a lot of debate about an impending recession or if we may be in one already. Does this mean the IT industry is in for another round of mass layoffs?
Dont bet on it.
According to the Bureau of Labor Statistics, compared with the second quarter a year ago, U.S. IT employment is up 10 percent and there are more IT professionals in the U.S. than at any time in history, with over 4 million and counting.
The good news is that having learned from the last experiences with layoffs, IT management has been more conservative with growth. The bad news is that the work load of todays IT worker seems to be much heavier, in some cases overwhelmingly so.
But isnt the extra work worth the peace of mind regarding your job?
Even though the employment news has remained positive in IT, there are pockets of problems in banking, real estate and the mortgage business. In many cases the first people cut are in IT because theyre looked at as an easy cost cutting opportunity. You need to pay attention to trends in your companys industry to make sure you arent caught off guard.
Back in the early 90s I remember going through my first experience as a developer facing the axe. The company I worked for decided to outsource parts of the IT function to some big conglomerate in some southern state where the labor was cheaper. (Offshoring hadnt yet caught on, but the impact was the same.)
Everyone was informed of the decision at an all-hands meeting. As we sat there holding our breath, there was to be no resolution of staffing at that meeting. Only that there would be changes and wed be informed in the next couple of weeks of our fate.
You can imagine those two weeks were filled with very little work getting done, but plenty of rumor mongering. Anxious comments could be heard daily around the water cooler.
Did you hear everyone is being let go tomorrow?
I heard anyone staying will be asked to move south!
A good source told me there wont be any severance.