US experts expects job cut storm to be more violent

Following slowdown of US economy, a job cut storm swept over US high-tech businesses. A US analyst said the storm would not only be more violent in the future, but also do harms to US economy on long terms. According to figures issued by US Labors on Apr 6, in the first three months of the year, about 38000 persons in US high-tech circles were laid off. Not only networks, but also leading chips, computers and network equipments manufacturers such as Intel, Cisco, and Compact cut jobs.

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