Talk about High tech jobs…. Not only Nokia, silently, even Qualcomm has setup R&D site in India for many engineering jobs already. It’s happening and more will happen. You know what is happening? The price of condos and townhomes near Nokia (Scripps summit dive – Canterra) has dropped hugely (15%-20%) after the 500+ layoff. More to come, guys… After this summer, the sellers will truly regret/suffer if they don’t dump their houses in time before the big drop.
I dumped mine Jun’06 so I am talking from experience, not trying to talk the whole thing down. I don’t have to. I see it coming and I acted accordingly to lock in my benefits. Everyone should.