During iSuppli’s EMS webinar yesterday, an interesting data point was revealed: 90,000.
That’s the number of workers the EMS/ODM sector has laid off during the current recession. That’s an astounding figure (and assuredly does not include the reported 100,000 Hon Hai purportedly was letting go).
Even scarier than the number itself is the unmeasurable amount of experience and brain power that has been drained away, much of it likely for good. Talented engineers and technicians don’t stay on the sidelines long; they find other jobs — often in other industries.
When all is said and done, that may be a legacy we as an industry will be coming to grips with long after the order books have filled again.