The corporate world, as observed by its managers and engineers, appears to be in a state of constant flux. Firing, then hiring George shook his head. I don't understand it. They let me and 50 others go in a downsizing. And the next weekend, there's this full-page ad in the paper for new people.
Fire then hire in the same week.
Perhaps the most surprising development is that 47 percent of survey respondents saw downsizing at their companies. In 1998, the American Management Association conducted a survey of corporations on their employment prospects and probability of downsizing. It found that most of the companies it studied that had downsized in 1997-98 also hired new employees concurrently. They are creating jobs where people design, make, sell and service their products. On the surface, that sounds good for engineers, who are designing and making products.