Support the news

The More Pink Slips The Better, For One Industry

This article is more than 10 years old.

As businesses struggle in the down economy, one sector that's doing well is outplacement — these are firms that help other companies through layoffs and offer career transition for the pink-slipped.

Some outplacement companies are reporting as much as a 75 percent spike in work. Others say their profits are way up. Keystone Partners is one of the Boston-area outplacement companies that says it's busier than ever.

Recently, WBUR's Bob Oakes visited Keystone, where he sat in on a workshop with laid off workers on job interviewing. About half of Keystone's clients are from financial services, a quarter from the technology and biotech industries, and a quarter primarily from higher education and healthcare industries.

This program aired on March 13, 2009. The audio for this program is not available.

Bob Oakes Twitter Host, Morning Edition
Bob Oakes has been WBUR's Morning Edition anchor since 1992.


+Join the discussion

Support the news