report indicates some of the positive outcomes to which economic efficiency may give rise.
But such efficiency has to be seen as an instrumental good. As the report states, it is valuable insofar as it promotes the objectives of the CFP. I have personal doubts that economic efficiency is sufficient, in itself, to promote all these objectives to the desired extent and suspect that there are ways in which it may prove counterproductive to some aspects of them.
I seek reassurance, therefore, that the Commission will take a genuinely rounded approach, both in relation to the content and to the outcome of the study.
Joe Borg
Member of the Commission. - Madam President, first of all allow me to thank the rapporteur, Ms Attwooll, and all the members of the Committee onTough Year In Tech: 10 Crushing 2012 Layoffs

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Outplacement firm Challenger, Gray & Christmas summed it up in mid-July, with a report stating that in the first half of 2012, layoffs in the technology sector hit their highest levels since 2009, with more than 51,000 planned cuts announced by the end of June.

Not surprisingly, the layoffs are hitting major tech companies experiencing major corporate restructuring or strategic changes. Here's a look at some of the announced layoff plans from those companies, going back to the beginning of the year -- the slow recovery of the tech sector writ large.