A friend of mine pointed me to a site by Paul Graham. One of his latest writings is Hiring is Obsolete. It discusses the role of startups in hiring and how there is a trend towards companies buying startups to get new people rather than hiring directly.
Its a very interesting read by a guy who has done the whole startup thing and succeeded very very well. He started a web company called Viaweb which was bought by Yahoo. Now he spends his time looking for new startups to inject money into in Y Combinator.