More MA tech layoffs – Egenera, Livewire, Helixe – others still hiring

So still a “Tale of Two techs” out there — lots of FUD in some quarters, others just being aggressive and “ahead of the curve” for cutting burn, and others, aggressively picking up the cast-offs of places like Egenera (laying off 30-35 here in Mass), Livewire (acquired Groovemobile), and Helixe a Burlington, Mass, Nintendo game company.

On the positive side — today’s a historic election and credit markets are thawing out rapidly for many of the emerging/venture capitalized startups we deal with.

Recruiting is definitely down a bit, but not “off a cliff” as others are seeing – why? Reputation, and a focus on matching high quality candidates and clients together.

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1 comment
  1. Whistle Blower said:

    Egenera last week unloaded their UK support office as well. 6 people of the 8 man team are gone.

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