But thanks to the company's stockpile of cash, dismissed employees will receive an average of one month's severance pay, plus outplacement services, according to a company spokesman. We're not doing it out of a panic mode. Rumors are swirling in technology circles of other firms poised to trim their ranks. So far this year, that trend has continued in full force, a Greenspan-induced rally in the stock market Wednesday notwithstanding. Indeed, the recent spate of downsizing does not spell the end of the dot-com shakeout, according to recruiter Cluff.
Organizations make their adjustments first and foremost in their head count. . . .
Staff writer Carrie Johnson contributed to this report.