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...
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,
activity among behind cause competition continue cuts economy force improving increased industry job leading reasons second top year
Merger/acquisition activity was the second leading cause of job cuts (in January), behind cost-cutting. It will continue to be among the top job-cut reasons this year as an improving economy and increased competition force industry consolidation.
ceo changes cuts followed further high job leading number top year
Changes at the top are typically followed by changes further down the ladder. However, the high number of job cuts this year could also be leading to CEO changes.
companies consumers cooling cup last lead major months period technology until
Consumers and companies have been gobbling up new technology in the last 12 to 24 months ... Their technology cup is overflowing, which may lead to a cooling off period until a major technology breakthrough comes along.
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,