Bleak prospects intensify in Silicon Valley

Professional Adviser
clock

Technology employment in Silicon Valley is seeing no sign of recovery, according to US outplacement ...

Technology employment in Silicon Valley is seeing no sign of recovery, according to US outplacement firm, Challenger Gray & Christmas, even though the firm anticipated that by now a recovery would be on the horizon. According to CGC - a company which offers employers recruitment search services for staff which have been made redundant - more than 243,000 jobs have been cut this year in the US telecom, computers and e-commerce sectors, which is naturally hampering an already weak economy. In Britain, the situation is not as bleak, however there aren't as many jobs being created in...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on uncategorised

Building Society-owned Newcastle Financial Advisers acquires Openwork firm

First of a number of acquisitions

Hannah Godfrey
clock 09 December 2019 • 1 min read

Bond managers fear hedges being undermined as liquidity dries up

The recent sell off in the bond market and growing liquidity issues have forced bond investors to use similar hedging techniques, undermining their effectiveness and causing concerns about how much downside protection funds really have.

Anna Fedorova
clock 03 July 2013 •

Police launch investigation into mortgage middleman fined £1m

West Midlands Police have launched a fraud investigation into a Birmingham financier over his role in sale and rent back agreements.

clock 25 June 2013 •