Are we just a handful of years away from a world ruled by the machines, a la The Terminator? Doubtful, according to employment authority John A. Challenger, chief executive officer of global outplacement firm Challenger, Gray & Christmas, Inc. However, he does warn that some jobs are at higher risk of complete automation; and, it may not necessarily be a bad thing, in some cases.
It's not cause for panic. The increase in job cut numbers is primarily due to a large announcement by one tech company.
After climbing to a three-year high in 2012, planned job cuts announced by firms in the technology sector declined by 32 percent in 2013 as employers focused on hiring in several growing areas, including big data, cloud computing and security, according to a semi-annual report on tech layoffs released Monday by global outplacement firm Challenger, Gray & Christmas, Inc.
Data Breaches Could Create Jobs
"Government agencies typically pay less than private sector companies, said John Challenger, CEO of professional staffing firm Challenger Gray & Christmas Inc.