I. Recently, with the severity of the global economic situation, more and more enterprises have started to be impacted, leading to a sharp decline in profit margins. In order to control costs, layoffs and salary cuts have become the most commonly used and prioritized methods by companies. Consequently, unemployment and survival pressure have become highly focused terms recently. According to predictions made earlier this year by experts from the International Labor Organization, the number of unemployed people worldwide will reach a record high in 2009, reaching 210 million people. Domestically, a wave of mass layoffs has also rapidly swept through industries such as real estate and finance.
II. Employment Pressure
The financial tsunami sweeping across the globe is quietly affecting the college student employment market. On one hand, it is estimated that by the end of 2008, one million college graduates were unable to find jobs. In 2009, 5.92 million college students are expected to graduate, in addition to millions of unemployed graduates from previous years. The policy of expanding graduate school enrollment does not seem promising, as it merely shifts current employment pressure to the next few years without fundamentally alleviating it. In the future, there may even be difficulties in graduate student employment. On the other hand, many companies have canceled their campus recruitment plans, and the graduating class of 2009 has already felt the "chill" of employment prospects. From this cartoon, we can see that there is a significant gap between the employment demand of graduates and the job positions offered by companies. Under the financial storm, the employment prospects for graduates are not optimistic. The bustling scenes at job fairs also confirm this point.
The impact of this financial crisis will intensify the transformation and technological changes of outdated systems in the IT industry. More and more IT companies are promoting product upgrades through development. Only in this way can companies rise against the odds in new challenges. At the same time, with the continuous development of the IT industry, more domestic small and medium-sized enterprises will achieve informatization. Domestic IT companies must necessarily combine technology upgrades with market strategies.
III. Financial Crisis as an Opportunity, Learn Skills Well, Long-term Development
1. The main industries affected by the financial crisis are the financial and real estate sectors. This international financial crisis sweeping across the globe has led to an overall decline in IT stocks. However, compared to Europe and America, due to the difference in product and consumption structure in China's IT industry, plus the limited influence of macro virtual economy on China's IT industry, the impact of this international financial crisis on the pattern of China's IT industry is not obvious.
Xiaoguang Li, a staff member of Kingsoft Corporation, revealed that from the current installation volume and total sales of the company's antivirus software products, the financial crisis has not significantly impacted software sales. "Our products mainly target individual users, direct online downloads, mobile payments, generally around 100 yuan, so they should not be affected by the financial crisis. The competition pressure for software companies mainly lies in product development, rarely needing bank loans to pay salaries of R&D personnel, thus reducing financial repayment pressures."