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.
areas economy economy-and-economics forecast heavy hit strong
While some forecast the economy to be strong this year, some areas hit with heavy downsizing could struggle.
attack cuts economy effects eight heavy job last levels months november reported three
The very heavy downsizing reported in November is more confirmation that the effects of the Sept. 11 attack on the economy have been substantial. In the eight years we have tracked job cuts data, the downsizing for the last three months has been at levels never before seen.
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.
appears companies create cutting eager heavy hold job market past people reluctant seems seen state three
The heavy job cutting we have seen over the past three years appears to be trending down, ... However, the job market seems to be in a state of limbo, where companies are eager to hold on to people they have, but many are reluctant to create any new jobs.
break early
It is probably too early to break out the champagne,
almost choice dating employers million office outside permit spend taking time together whom wonder workplace
It is no wonder that workplace dating is taking off, with more than 28 million young people, some of whom spend more time together in the office than they do outside of work. Employers almost have no choice but to permit interoffice dating,
class holiday income large number shopping short struggling
large number of lower-middle class and middle-class Americans struggling to make it paycheck-to-paycheck will be short of discretionary income during the holiday shopping season.
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,
growth jobs means moving people turbulence
People are moving to where the jobs and the growth are occurring. That means a lot more turbulence in people's lives.
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.
jobs lost million recession since
We've lost 2.5 million manufacturing jobs since the recession hit,
cuts job last lower numbers record saw year
Overall, job cuts are down from last year and significantly lower than the record numbers we saw in 2002 and 2001, but there are still some worrisome trends,
business home improvement
Retailers, restaurants, real estate, home improvement stores... will all see business decline.