Survey Reveals Dot-Com Migration

Thirty-two percent of traditional U.S. firms have lost employees to dot-coms, according to a survey of 3,400 executives conducted by BrilliantPeople.com, the online recruiting site of Management Recruiters International Inc. in Cleveland. In New England, 51.7% of firms reported employee losses to Internet firms. On the West Coast, 44.8% of firms reported losing employees to start-ups, followed by the Middle Atlantic region, with 42.7%. The Midwest and South Central regions had the lowest employee losses, with 78.2% and 86.8%, respectively, saying they haven't lost employees.

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