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...
added hard hour packages pensions replace
It's going to be hard to replace packages that were about $67 an hour when you added in pensions and health-care benefits.
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,
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.
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.
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.
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,
area behind care provide rallying retailers seem services stepping taking trying
It does seem like retailers are really stepping up and taking care of their employees, trying to provide services in the area and rallying behind the crisis,