Within last three weeks, two of my friends living in UK called me with the same question: “How bad is recession in IT industry in Australia? I am thinking to migrate“. One guy from Brazil that I know emailed me: “Hey, I am lodging my application for permanent residency in Australia“… Hm… I know world is going through recession, but is it that bad in some countries?

Australia has it tough these days also. A lot of people lose their jobs, companies afraid to engage in projects that will not yield any revenue. Just now as I was typing this post, i overheard the news that around 700,000 people expected to lose their jobs in Australia this year. One of my ex-colleagues that was laid off last December is still jobless…

I would like to ask you dear readers -
How is the situation in your countries?
How tough IT guys have it these days?

Yeah, I think 2009 is not promising anything good, and worse is yet to come…. Hm… a bit on a grim note here