Beyond

The world recession is beginning to bite into internet business; and it appears that nowhere is totally immune: With the continuing economic troubles facing the world economy; layoffs and more layoffs are the upcoming flavour with regard to multi-staffed businesses it appears:

An example of this is the video portal site Seesmic, which is laying off some employees working to create original clips for the site; which lets users pretend they’re talking to each other by short, recorded webcam clips.

Seesmic had been working on a delayed major redesign that would have highlighted its video shows, it is rumoured. News of layoffs suggest that that’s no longer happening; at least not as previously planned.

The following video clip was produced by one of their staff; now jobless Rachael Joy:.

In addition to Seesmic; further rumour suggests that even the auction giant eBay could be looking to lay off as much as 10 percent of their 15,000-odd workforce: eBay has had problems in the wake of fee-increases and changes that they have instituted recently, and which have invoked an element of stagnation along with dissatisfaction within the eBay sellers.

Further future staff redundancies in the online business sector are currently being predicted by analysts: Due to rapid growth in the recent past; many companies have become overstaffed due to their expecting that growth to continue indefinitely. However with the current demise of growth due to the faltering world economy, they find that there are just too many staff; and for the purpose of efficiency they are compelled to shed a number of those people.

Although the rumours regarding eBay layoffs are as yet unconfirmed; it is economically evident in the current climate that every major company must eventually at some point take a look at personnel numbers.

It is a sad fact that after more than a decade of boom; the trend globally is becoming oriented towards a uniquely-shaped pit of recession; from which it appears that there is no escape in the immediate future. As with the recession in which the dot com bubble burst; this current economic catastrophe’ is also likely to affect the structure of the commercial and economic system permanently and leave a mark well into the future.

As with all such events; the lessons learned and the way that business handles the downturn will shape the future face of the commercial world as a whole.

How do you think that things will turn out following this current and impending period of recession? Please do leave a comment.