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,
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.
bottom budgets coming companies improve time year
Now is the time when companies finalize their budgets for the coming year or make last-minute cutbacks to improve the year-end bottom line,
benefits ends last loose minute tie understand until wait year
You should tie up these loose ends a year or two before retiring. Don't wait until the last minute to understand your benefits options.
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.
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.
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.