I documented evidence of the 2001 recession by tracking massive layoffs and plant closures at major corporations, including General Motors, Boeing, WorldCom, and AOL, highlighting a broad economic downturn across tech and manufacturing.
I'm observing massive layoffs at Disney, Amazon, and Daimler Chrysler as the 2001 recession takes hold. While job losses are tough, dot-coms might find relief as the costs of labor, real estate, and software begin to decline.
I observed that while overall US services sector employment is falling, high-tech jobs continue to grow despite the recession. This highlights a strange resilience in technology sectors compared to broader economic trends.
Understand why the Salomon Smith Barney deals with WorldCom were illegal. While many business perks resemble bribes, these IPO spinning arrangements were distinct because of their massive scale and the misuse of shareholder capital.
I follow the widespread layoffs at companies like AT&T and Motorola, while identifying TheStandard's layoff tracker as an essential resource for keeping pace with the rapidly shifting job market during the dot-com era downturn.
I'm documenting the wave of massive accounting scandals from 2002, tracking the financial collapses and corporate fraud cases involving Enron, WorldCom, Xerox, and Tyco as they unfolded across the global business sector.