The presidents of our local university and college still believe there's a strong job market in the ICT sector, even in the wake of the Radian6 layoffs.
UNBSJ President Dr. Eddy Campbell says just like any business, the ICT sector has ups and downs, but he understands Radian6's marketing department was too large. He says that's small comfort to those who lost their jobs, but he was also told it wouldn't be long until they found jobs here
in New Brunswick.
NBCC President Marilyn Luscombe tells CHSJ news of course it's significant that almost 100 jobs were lost, especially from a company that's been doing really well. She says she was also told that this happens with companies around the world, and it's just a matter of that industry adjusting and re-adjusting. She believes other jobs will come back and Radian6 will thrive.
Radian6 had received government grants back in June for hiring. At the end of October the ICT company laid off about 100 workers in Saint John and Fredericton. The company offers social media monitoring services.