Tech Job Cuts at Lowest Level Since 1997: Report

January 25, 2012

After a brutal period of downsizings and IT budget retrenchments, it appears companies are getting anxious to hang to their IT technologists and technicians.

Challenger, Gray & Christmas, which tracks layoffs and downsizings on a monthly basis, reports that the number of tech job cuts announced by US employers in 2011 plunged to the lowest level ever recorded in tracking going back to 1997.