4 ms·
I saw the "60 Minutes" segment. The people who are looking for jobs are the same kind of folks who are out of work across the country. Think mid-career middle
by dabent 16y ago
I saw the "60 Minutes" segment. The people who are looking for jobs are the same kind of folks who are out of work across the country. Think mid-career middle managers who don't have technical skills: accounting managers, sales directors and VPs of this and that.
As companies consolidated operations, downsized and offshored, many of these folks thought they'd retire at the company they were at only to have a rude wake-up call two years back.
It isn't just in silicon valley, I know a former VP of software who now is a real estate agent (specializing in short sales) and a sales trainer who's been out of work (forever it seems) and others who've been bounced around. I think the "60 Minutes" crew concentrated on SV because the tech sector was supposed to "save" us and California has one of the highest unemployment rates in the US.
The truth is that a lot of these people thought they'd retire from the job they held before the recession. It's thinking I thought had died a generation before, but there were thousands who've gotten caught off guard with stale skills.