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...
based beginning companies heavy previous unusual
It is not unusual to see heavy job-cutting in the beginning of the year. Companies are still making adjustments based on the previous year's performance.
billions building companies dollars employees helping leaders next several spend
I think companies will spend billions of dollars over the next several years building their e-commerce structures, and these dot.com employees will be leaders in helping them do that,
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.
budgeting companies gives quickly regard relying respond
Relying on outsourcing gives companies more flexibility in regard to budgeting and allows them to respond more quickly to fluctuations in the economy,
apparent best companies cut deciding jobs line product profits sign weakness
It has become apparent that U.S. companies are deciding that the best way to keep profits in line is to cut jobs at the first sign of weakness in any of their product lines.
affects companies housing looking market
Most companies are looking at how the housing market affects them. If they see housing slowing, they'll be more cautious.
asian companies continue driver growth scale situation
The Asian situation has been a real driver and should continue into 1999, as companies scale back their growth plans,
appear buy clear companies confused costs cut direction due economy employers expensive foreign fuel higher increased inflation job numbers picture prices seeing soar weaker year
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.
afford companies lose peak people period
We are at a peak period of employment. Companies can't afford to lose people.
ahead businesses companies consumer cuts demand despite equipment fewer job looked mean meet months ramp relatively spending starting steady strong technology
Businesses are starting to ramp up spending on new equipment and technology and consumer spending looked relatively strong in January, despite predictions that they were tapped out. This may mean fewer job cuts in the months ahead as companies try to meet the steady demand for their products.
companies computer declining looking numbers overseas science students
Because of the declining numbers of students in computer science and engineering, companies are looking overseas for tech-savvy workers.
business companies cuts employment higher january job motion needs plans
We typically see higher job cuts in January as companies set into motion business plans and employment needs for the new year.
certainly companies competition consumer corporate cut economic helped inability increased job maintain overall prices pricing raise spending stiff voracious
While voracious consumer spending has helped maintain overall economic strength, companies are still hampered by stiff pricing competition from abroad, ... The inability to raise prices has cut into corporate profits, which, in turn, has most certainly contributed to increased job cutting.
companies economic gain strong technology
Many companies have now had over two years of strong profitability. They haven't yet completely reinvested that in technology, but as they gain economic strength, they will.