eFiles: March 19, 2001
Dot-Commers Haunt Job Sites ...
The dot-com downturn is contributing to a surge in traffic to the 20 leading career-related Web sites, according to Alexa Research, in San Francisco. According to the research company, the number of hits to Web sites, including Headhunter.Net Inc. and HotJobs.com Ltd., increased 47.7 percent among U.S. users between December and January.
Traffic to Monster.com increased 41.5 percent, with an estimated 615 million page views in January, the most of any career- related Web site. And IT careers site dice.com received 71.5 million hits in January, an increase of 48 percent from Decembers figure.
... While Offshore Outsourcing Rises
Pink-slippers can look all they want for a new job, but heres the skinny: U.S.-based companies will drastically increase their spending on offshore outsourcing services. According to International Data Corp., in Framingham, Mass., spending on offshore outsourcing will more than triple, from less than $5.5 billion in 2000 to more than $17.6 billion in 2005.
IDC estimates e-commerce/ Web-based application development will be the fastest-growing offshore outsourcing segment. By 2005, IDC estimates, spending on these types of services will amount to more than $5.6 billion, more than last years entire offshore outsourcing market. While companies initially sent IT projects offshore as a solution to last years tight labor market, this year the decision is based on using cheaper offshore labor.