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...
consumer continued cutting decline economy head holiday increased job prompt reduction result security shopping slowing spending
Continued job cutting as a result of a slowing economy and increased outsourcing could prompt a significant decline in job security and a subsequent reduction in consumer spending just as we head into the all-important holiday shopping season,
corporate cutting fact financial found heavy indicate job jobs nearly permanent sector strong sudden
The heavy year-end downsizing does not necessarily indicate a sudden weakening of the economy, ... The fact is, job cutting has become a permanent part of the corporate cost-management mix, as demonstrated by the fact that a strong financial sector still found nearly 100,000 jobs to eliminate.
burned business convert full owners recession recovery staff temporary time
Business owners have been burned by the recession in the past, so they'll take on some temporary staff and then convert them to full time when they know the recovery is for real.
declining difference francisco global internet pay san sending technology work workers
There's no difference sending work from San Francisco to San Jose over the Internet than sending it from Bangalore to San Jose over the Internet, ... So there is going to be declining pay for technology workers in a global marketplace.
creates manifested novel problems themselves
It's novel enough that some problems haven't manifested themselves yet. Inevitably, it creates problems. It does create tensions in the workplace.
lucrative
You don't see them this lucrative very often. This is kind of off the charts.
associated coaster corporate current indicative lack ride roller trend
Job-cut announcements have been on a roller coaster ride this year. The lack of any discernible trend in corporate downsizing is indicative of the uncertainty associated with the current economy.
ends executives human industries resource skilled trying
Human resource executives and low-tech industries are at their wits' ends trying to find skilled personnel.
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,
continue cuts job light likely
Job cuts are likely to continue in the telecommunications industry, which is still not able to see the light at the end of the tunnel,
continuing daily emphasis equipment front health including job medical pages security several
Job opportunities are described on the front pages daily as new emphasis is put on several industries, including security, communications, defense, medical equipment and supplies, as well as continuing significant opportunities in health care,
favorable joined retailers sign
It is a favorable sign that retailers have not joined in the job-cutting spree,
candidates employers salary screening sharpening toughest
Employers have all the cards, ... Not only are they sharpening their salary pencils, but the screening of candidates is probably the toughest it's ever been.
bosses creating jobs leave people relationship strong telling
A lot of people leave jobs because they say, 'I had no freedom. I had no say,' ... People don't want bosses who are ... just telling them what to do and not creating a strong collegial relationship with give and take.