Comments on: As Ericsson cuts 4,000 jobs, is a tech recession biting? http://eu.techcrunch.com/2008/02/01/as-ericsson-cuts-4000-jobs-is-a-tech-recession-biting/ Tracking European web and mobile start-ups Tue, 24 Nov 2009 18:49:33 +0100 hourly 1 By: jamescoops http://eu.techcrunch.com/2008/02/01/as-ericsson-cuts-4000-jobs-is-a-tech-recession-biting/comment-page-1/#comment-105365 jamescoops Fri, 01 Feb 2008 14:33:07 +0000 http://uk.techcrunch.com/2008/02/01/as-ericsson-cuts-4000-jobs-is-a-tech-recession-biting/#comment-105365 yeah http://www.bubblegeneration.com is highly recommended yeah http://www.bubblegeneration.com is highly recommended

]]> By: Alberto Nardelli http://eu.techcrunch.com/2008/02/01/as-ericsson-cuts-4000-jobs-is-a-tech-recession-biting/comment-page-1/#comment-105187 Alberto Nardelli Fri, 01 Feb 2008 11:23:49 +0000 http://uk.techcrunch.com/2008/02/01/as-ericsson-cuts-4000-jobs-is-a-tech-recession-biting/#comment-105187 I think the issues affecting Ericsson and Yahoo!, beyond a reflection of an economic recession, are a consequence of strategic decay, which is hitting key sectors, not only tech - think record labels, telcos, car industry, media (NYT drop in shares), banks etc. and the fact that these markets are pillars in most economies, and money and investment continues to be pumped into these models. The issue is deep in their business models, or as Umair Haque over at BubbleGen would say, it's in their DNA, and this is at the heart of the current economic crisis, well beyond credit issues. It's not a surprise that companies like Google (despite yesterday's Q results), that innovate, are less in a crisis. I think Bill Gates really nailed down the true issues at Davos: http://online.wsj.com/article/SB120113473219511791.html?mod=hpp_us_pageone I think the issues affecting Ericsson and Yahoo!, beyond a reflection of an economic recession, are a consequence of strategic decay, which is hitting key sectors, not only tech – think record labels, telcos, car industry, media (NYT drop in shares), banks etc. and the fact that these markets are pillars in most economies, and money and investment continues to be pumped into these models.

The issue is deep in their business models, or as Umair Haque over at BubbleGen would say, it’s in their DNA, and this is at the heart of the current economic crisis, well beyond credit issues.

It’s not a surprise that companies like Google (despite yesterday’s Q results), that innovate, are less in a crisis.
I think Bill Gates really nailed down the true issues at Davos: http://online.wsj.com/article/SB120113473219511791.html?mod=hpp_us_pageone

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