Trouble in Search Consultant Land
May 4, 2009
Short honk: The Hindu Business Line published “Capgemini Hands Out Pink Slips to 600” here. The layoffs are in India. I have heard chatter that other consulting firms are taking steps to trim staff. Some call these layoffs “furloughs”; others prefer downsizing. When the blue chips feel the pain, the second and third tier outfits are not going to be immune. I have heard rumblings of downsizing at several search-related consulting firms. Let me know if you have any solid examples. I anticipate a surge in one-person “instant expert” shops. Keep me posted.
Stephen Arnold, May 4, 2009
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[…] backs at some of the US based information consulting companies along with the reduction in force at Capgemini in India I wrote about here, this news was not surprising. It did indicate that technology advisors […]
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