About a month and a half ago I lost my job at a security research organization due to company wide cut-backs. I was a bit stressed about it as I too had heard the rumors of cut-backs. I took a couple weeks off, then started shooting my resume out. I was flooded with phone calls and interviews and had no real problems finding a new job. Out of all of the offers I received it was a Big 5 that managed to "sell" me on joining them. I think if I learned anything from this experience (other than save my money. heh) is that the companies who are truly doing well and truly making money will continue to need staff and will continue to hire people. I feel (and this is my opinion only) that some of the other companies out there have ramped up too quickly and hired too many people. They are now finding themselves not being as profitable as they like so instead of addressing the management situations that caused the poor judgment in the first place, they let a chunk of staff go then, regardless of current work levels refuse to add additional staff. This is a classic in some of the bigger companies. Bottom line, if you have marketable skills, can handle the interview processes and have a little patience there are lots of jobs out there. The InfoSec market has slowed down, but I think it is still growing and will continue to grow as security awareness grows. Regards; Steve Manzuik -----Original Message----- From: SecurityJobs Mailing List [mailto:SECURITYJOBSat_private]On Behalf Of Pete Patamis Sent: Tuesday, May 01, 2001 7:54 PM To: SECURITYJOBSat_private Subject: Changes to the Info Sec Marketplace ?? Last week there was bad news about pilot.net going under and I've recently heard news/rumor about troubles (and maybe big cuts) at Salinas and some of the big accounting firms' info sec practices. Curious to hear some opinions - is this a symptom of a general economic downturn in the tech sector or do you think the info sec industry is starting to undergo some consolidation? Do you think some of the newer publically-traded or investor-backed info sec firms are under more pressure? And do you think the cuts/troubles are a symptom that big business is freezing spending on security until the stock market improves? I think these topics are important to us who are considering job/career changes... Pete
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