Recently, MarchFirst announced its third round of layoffs since November, bringing the total number of cuts to 1,750. Razorfish recently cut 21 percent of its work force in its second round of cuts in recent months. According to an article posted on News.com,Internet consulting company Viant posted a wider-than-expected loss for the fourth quarter, missing analysts' estimates by 7 cents a share.
The economic downturn, the failure of dot-com clients, and companies’ reduction in technology-related projects has forced many large employers, like PricewaterhouseCoopers, to lay off a flood of consultants who now must scramble to rebuild their prospects. It seems pretty safe to say that e-consultants are on shaky ground right now.
Has this happened to you?
In a discussion sparked by the article “Techs shouldn't stay where they're not appreciated,” TechRepublic member Ansed said it might be best to “try another path.”
Ansed wrote that when he was laid off in early 2000, he had a difficult time finding work, despite glowing references from previous employers. But man can’t live on references alone. “To pay the bills, I took an assistant accounting position in a local university,” Ansed said. “Within three months, I was spending over half my time doing IT work for our department. At the end of six months, I was offered a full package and retained by the university. I created my position within my department, and I now spend all my time doing IT.”
How can you recover?
Have you been the victim of a layoff at a consultancy? How are you rebounding from this unfortunate experience? We want to hear from TechRepublic members who are going through a job change due to layoffs to glean the best advice for making “lemons into lemonade.”
Are you planning to make a move out of IT to pay the bills, or do you think there are plenty of consulting jobs to be had? How are you gaining the competitive edge over the glut of other consultants looking for work? Send us an e-mail or post your comments below.