"The industry remains strong, Lem said, but it has seen waves of layoffs largely because of company mergers such as Switzerland-based Roche taking over Genentech in South San Francisco."
On the other hand, large corporations probably prefer OO programming. Paul Graham has some good quotes:
"Object-oriented programming offers a sustainable way to write spaghetti code. It lets you accrete programs as a series of patches. Large organizations always tend to develop software this way"
"At big companies, software tends to be written by large (and frequently changing) teams of mediocre programmers. Object-oriented programming imposes a discipline on these programmers that prevents any one of them from doing too much damage."
http://www.idinews.com/bodyshop.pdf