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The Hidden Layoffs

It’s worth noting as I’m losing my job, that I’m only being let go as a contractor. The contract is simply not being renewed and would not count as a layoff in terms of the financial reporting that publicly traded companies are required to disclose at intervals. When you see that Microsoft is letting 5,000 people go, or that Kodak plans on announcing more layoffs today, keep in mind that none of this considers the contractors and temps that just simply disappeared from the rolls.

By Tommy Belknap

Owner, developer, editor of DragonFlyEye.Net, Tom Belknap is also a freelance journalist for The 585 lifestyle magazine. He lives in the Rochester area with his wife and son.