State Street cuts IT staffers, shifts work to IBM, Wipro

20.07.2011

Elsewhere in the IT job market, things have been picking up.

TechServe Alliance, which tracks U.S. Labor Department hiring data month to month, said that just over 4 million people are employed in IT, up 3.39% from a year ago.

But that hiring uptick has varied by month. In April, IT added 22,000 jobs by the Alliance's count, while in May, 20,000 IT jobs were added. And in June, IT hirings were virtually unchanged from May, registering a 0.01% decline.

Nationally, the Labor Department said that only 18,000 jobs were added in June across all job categories.

Technology firms have announced layoffs of approximately 14,300 workers in the first half of this year, a 60% reduction from the same period last year, according to an ongoing job cuts count kept by outplacement firm Challenger, Gray & Christmas Inc. But that figure doesn't include Systems' announcement this month that it is .