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Old 30-10-2008, 10:20 PM   #8 (permalink)
thewisecrab
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Default Re: Firms to cut 25 percent jobs in next 10 days

Quote:
Originally Posted by din View Post
Not just IT. They listed the seven Industry types.

Bad time Hope it will not last for long.
You need to define "long" here.
Experts and analysts say that this recession will last for atleast 2 years as the banking system in the USA was severely flawed. Thus, it may take 2 years to correct or even eradicate that system and put a new system in place. As USA is one of the largest economies in the world, it's ripple effect will be felt in India as well.
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