John Challenger
John Challenger
Challenger, Gray & Christmas, with headquarters located in Chicago, Illinois, is the oldest executive outplacement firm in the US. It has offices throughout North America...
jobs lost million recession since
We've lost 2.5 million manufacturing jobs since the recession hit,
five half heard months personally voices
We personally heard desperation in the voices of callers to our firm, ... On an average, callers thought it would take at least five and a half months to become re-employed.
colleagues emerging era form men peers relationships together women
What's emerging in this era where men and women are working together as colleagues and peers . . . are relationships that form between men and women that are really strong.
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The good news for workers is that job cuts during the summer months typically decline from the beginning of the year. If that occurs this year, we could see job-cut figures fall to their lowest level in several years.
appears case companies cuts data hoarding large march merger number seemed workers
While companies seemed to be hoarding workers post-merger or acquisition through February, it appears that this is not the case anymore. While we do not have our own merger job-cut data for March tabulated yet, we know a large number of merger-related cuts were announced.
ceos daily demise seeing seemed stand
We were seeing daily announcements of the demise of CEOs in a way that seemed to stand out.
job next optimistic picture
We're optimistic about the job picture for the next year.
absorb economy extent large people question
The question for the economy at large is to what extent will it absorb these people and these businesses.
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The question will be how do you share resources?
people talk trust
Trust your instincts, and talk with people in the organization and people in the industry,
boon definitely degree people required
We are definitely going to see downsizing, ... There just isn't going to be a need for people to the degree that was required in the boon years.
boon definitely degree people required
We are definitely going to see downsizing. There just isn't going to be a need for people to the degree that was required in the boon years.
cycle earlier economic peak reached
We may well have reached the peak of the economic cycle earlier in the year.
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The only clear picture we have from the job cut numbers this year is that employers appear to be confused about the direction this economy is taking, ... Companies are experiencing increased business, but they are also seeing their costs soar due to higher fuel prices, inflation in supplier prices and a weaker dollar, which makes it more expensive to buy foreign parts.