But that doesn't mean they'll wind up standing in unemployment lines or hanging out at pink-slip parties. The most creative among them are parlaying the skills they sharpened at fast-growing companies into new positions or careers. If they've got that flair and intelligence, they're going to get hired. Layoffs don't carry the stigma they used to. Employers nowadays may look at a person who's been laid off as a person with some good experiences.
Experience is the operative word.
It's taking even seasoned job hunters longer to find suitable positions. Candidate morale was pretty low. I think it had hit that job searches were going to take a long time. But companies are still in the market for people who acquired skills in the ever-evolving Internet world. Dot-com techies will have the easiest time landing on their feet.