The Blog of Harald

Job Cuts More Than Double in October

Job cuts announced by U.S. companies more than doubled in October from the previous month, providing more evidence that the nation’s economy is in a period of jobless expansion

(via Halley’s Comment again).

And today How to Save the World brings us:

What is left of the large corporation though? A small management team and an army of lawyers who contract all of the risky functions of the company to outside organizations. Assets that are all intellectual — patents, trademarks, contracts, etc. Essentially no front-line employees, no liabilities, and no risks. And no direct contact with those pesky customers.

In a world of ends, where the network is everything and all the knowledge resides in the network at these ends, there is no longer any need for a middle-man, especially one as costly as the executive in today’s large corporation.

This is starting to sound eerily like the cyberpunk novels I was reading a decade ago…