New Hires Jump in High Tech (AAPL, GOOG, AMZN, WWWW, RVBD)
Over the past two years, Apple Inc. (NASDAQ: AAPL), Google Inc. (NASDAQ: GOOG), and Amazon.com (NASDAQ: AMZN) have increased their workforces by more than 50%. The biggest jump came at Web.com Group Inc. (NASDAQ: WWWW), where the staff grew by…
Over the past two years, Apple Inc. (NASDAQ: AAPL), Google Inc. (NASDAQ: GOOG), and Amazon.com (NASDAQ: AMZN) have increased their workforces by more than 50%. The biggest jump came at Web.com Group Inc. (NASDAQ: WWWW), where the staff grew by 380%. Struggling network communications company Riverbed Technology Inc. (NASDAQ: RVBD) grew its staff by more than 200%.
In all 50 companies with market caps above $100 million increased employment by more than 50% over the past two years. Recent college graduates see the high-tech industry as a bastion of security compared with financial services. So far there’s no sign of a bubble in tech hiring, but many of us have been in this rodeo before.
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Paul Ausick has been writing for 247Wallst.com for more than a decade. He has written extensively on investing in the energy, defense, and technology sectors. In a previous life, he wrote technical documentation and managed a marketing communications group in Silicon Valley.
He has a bachelor's degree in English from the University of Chicago and now lives in Montana, where he fishes for trout in the summer and stays inside during the winter.
