When tech jobs don't last forever

There are job cuts and there are companies that announce plans to cut jobs. The outplacement firm Challenger Grey and Christmas keeps a monthly tally of the latter, and there's news just now these layoff announcements surged in January.

A combined total of 45,100 jobs will eventually go, including many jobs from the supposedly screamingly-hot world of technology. John Challenger said that while the tech industry has seen a lot of growth, it's also subject to a lot of volatility. Companies like Intel and EMC are shifting their business strategies to account for the mobile market.