SageCircle has received credible intelligence that Current Analysis has initiated a job action resulting in analyst lay offs. We will continue to provide updates as we learn new information.
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Of course, layoffs impact real people with families and obligations. Often AR people are genuinely friendly with the analysts they work with and this sort of news can be a shock. Unfortunately for AR professionals, analyst firm layoffs also raise important issues that need to be addressed ASAP no matter how much sympathy they feel for the analysts caught in the layoffs.
Related reports and observations
To be added
Current Analysis Official Statement
From: Spinelli, Natalie
Sent: Thursday, September 03, 2009 6:46 AM
We did make some changes to the structure of our services and we are creating some new services, but NO services or coverage areas were eliminated. Details of the new organization, service structure and new services will be provided next week.
Regards, Natalie Spinelli | Current Analysis | Marketing Communications Manager
Background
For background on why some firms are experiencing layoffs please read Are the vendor-centric analyst firms heading for tough times? Will end-user centric analyst firms do fine?
To see a roundup of firms that have experienced layoffs this year please read Listing of analyst firms who have laid off analysts in 2009.
Analyst List
- Barbagallo, Michael (contact center)
- Soh, Siow Meng (APAC telecommunications)
- Marcus, John (services)
- Broders, Counse (telecom services)
- Hold, David (network services)
- Schonhowd, Rolf (enterprise mobility)
What should you do if one your top ranked analysts is caught in a job action?
This is becoming an all-too-common post these days with frequent job actions — unannounced — by one analyst firm or another. A SageFlash has been sent to clients with recommendations on next steps AR should do. It is further recommended that you set up an inquiry to discuss how to apply these steps to your particular situation. We can do individual calls as well as a teleconference for your entire team.
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Non-clients can quickly and easily sign up for a two-hour Advisory Hour Block for only $495. Please give SageCircle a call at 503-636-1500 if you want to discuss the implications of this layoff.
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Current Analysis is a shadow of its former self. Long gone are the days when analysts like Mike Schiff, Jim Kobielus, Shawn Willett and Robert Lerner made a relationship with the firm a must for vendors in the data integration space.