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...
budgets business coming decline employers four last months plans september somewhat year
Frankly, the September decline was somewhat surprising, considering that the last four months of the year historically have been the heaviest, as employers finalize budgets and business plans for the coming year,
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.
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.
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.
costs early earnings fighting forced good great last months percentage posture pressure putting retailers turn year
Retailers are being forced to turn into discounters at all levels, and that early transformation to a discounting posture is putting great pressure on profits. Retailers make a good percentage of their profitability in the last two months of the year. This year those earnings are going to be under real pressure. They'll be fighting to keep costs down.
cutting heaviest job levels months november october returned saw year
October and November were the second- and third-heaviest months of the year for layoffs, ... We returned to the levels of job cutting we saw in 2001, which was the heaviest year we've ever tracked.
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.
earnings job quick slash wholesale
As earnings fall, corporations are quick to slash compensation costs, and that is brining about wholesale job cuts.
anticipate best deal people security
The best security people can't just deal with threats; they have to anticipate them, too.
announce breathing cloud company cuts leave street wall workers
I don't know what company would announce cuts and then not take them all, ... Not only would Wall Street be breathing down their neck, but it would leave workers under a cloud that more cuts must be coming. I don't think they go into these announcements very lightly.
gets likely worse
I think it's likely to get worse before it gets better.
boss company job market promise realize remain
No company or boss can promise you the company will remain the same (forever). You have to realize you may be back in the job market at any time.