The other concern at ITEXPO was all of the layoffs in telecom. The number of telecom jobs has dramatically shrunk in the last 4 years – and is still shrinking.
As the industry looks at even more consolidation from these big 3 moves – Comcast-TWC, DirecTV-ATT and L3-twt. How many synergies will be let go with this M&A? Probably more than 20,000 layoffs.
Where have all the telecom jobs gone?
I thought cloud companies would be picking up some of these folks (just not at the same pay package), but the Snowden revelations has been hitting the US Cloud Providers hard. Look at Cisco’s numbers:
“Emerging markets were definitely under siege, at least in part to the changing post-Snowden environment. As the largest US vendor with the most public face, Cisco has been taking the brunt of the buy-non-American movement overseas. China revenues were down 23%, but Brazil wasn’t far behind down 13% with other emerging markets also lagging. Cisco doesn’t expect those numbers to rebound anytime soon either.” [telecom ramblings]
Where will all these people go?
Tags: mergers, talent, telecom is broken
Related tags: emerging markets, layoffs telecom, telecom, ciscoFollow me:
Related Entries
Musical Chairs Won’t Ungum the Works – Jun 24, 2013 An Agent’s take on Level3 – Nov 06, 2012 Two Mergers – Jul 07, 2010 Ill. Judge Only Smart One – Mar 12, 2010 What Did I Miss? – Aug 15, 2014 Many Moves – Jul 15, 2014 Some Data Center M&A – Jul 07, 2014 More VoIP M&A: Onvoy Buys Vitelity – Jun 30, 2014 Vendor Buys Its Platinum Partner – Jun 09, 2014 More Big M&A Deals Announced – May 19, 2014 TrackBacks
| Comments | Tag with del.icio.us | On Rad’s Radar? Home | Permalink: Head Count Down for the Count
Copyright On Rad’s Radar?
SELLECOM: 101 Ideas for Marketing in the Telecom Jungle. 
