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Social Media Stocks Don't Signal Doom for IT Professionals

Most IT recruiters and IT staffing firms can definitively say that the IT field is still growing at a breakneck pace.  Technical recruiters and staffing agencies continue to have trouble finding enough IT professionals to fill all the IT jobs their clients give them.

It’s surprising to everyone then, IT recruiting firms included, that a lot of the much-hyped IT companies that have recently gone public aren’t doing well in the stock market.  While these companies are certainly trying new strategies to increase presence, influence, and hype, they seem to be falling short in how much money they make.  Twitter, Constant Contact, and Facebook have all had less than stellar reports recently on Wall Street.  While this certainly doesn’t spell immediate doom for the IT industry, IT professionals, or IT recruiting companies, it’s definitely disappointing.  Social media in particular has a lot of hopes pinned on it for the future—it may have serious consequences if it can’t start to do better in the stock market.

 

Social Media Stocks Don't Signal Doom for IT Professionals

Most IT recruiters and IT staffing firms can definitively say that the IT field is still growing at a breakneck pace.  Technical recruiters and staffing agencies continue to have trouble finding enough IT professionals to fill all the IT jobs their clients give them.

It’s surprising to everyone then, IT recruiting firms included, that a lot of the much-hyped IT companies that have recently gone public aren’t doing well in the stock market.  While these companies are certainly trying new strategies to increase presence, influence, and hype, they seem to be falling short in how much money they make.  Twitter, Constant Contact, and Facebook have all had less than stellar reports recently on Wall Street.  While this certainly doesn’t spell immediate doom for the IT industry, IT professionals, or IT recruiting companies, it’s definitely disappointing.  Social media in particular has a lot of hopes pinned on it for the future—it may have serious consequences if it can’t start to do better in the stock market.