Needed: A New IT Employment Model - O'Reilly Broadcast: "The news on the web is not likely to give a lot of holiday cheer to anyone - Google announcing that they were ending the contracts of some 10,000 part time and contract employees, Sun reducing their force by nearly 6,000, Yahoo 'trimming' 1,000. Yet these are small potatoes compared to some 24,000 laid off at Bank of America and a mind-boggling 60,000 people - the size of a smallish city - being let go by Citibank."