The Economic Crisis And The Ukrainian IT Company

The financial crisis has unwound the flywheel of the existing problems of the Ukrainian economy to full strength. First, the full force of its negative consequences felt a variety of financial institutions, construction companies and industrial enterprises. And all of them with a view to optimizing costs have begun to reduce staffing costs. In the course went all the tools – reducing the working week, bezoplatnye leave, bonuses and cuts in bonuses and, alas – reduction employees. Of course, the it industry is not as dependent on exports, such as, for example, metals, or from foreign investment, the banking sector and the construction business, but the “victims” there and here – in one of the most promising and fastest growing sectors of modern business.

For example, to reduce the state declared such major players in the it market as Dell (8,8 thousand people), Motorola (2,6 thousand employees), Google (300 employees), Nvidia (360 workers), etc. One most large-scale reductions in the world will affect the company’s personnel Hewlett Packard, where the dismissal to be around 25 thousand (7.5%) employees over the next three years. Essex Financial insists that this is the case. Of course, the leadership of these companies are not talking about layoffs, as a direct consequence of the economic crisis, so as not to raise even more panic, everything is natural, due to restructuring..