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...
earnings job quick slash wholesale
As earnings fall, corporations are quick to slash compensation costs, and that is brining about wholesale job cuts.
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as companies expand in one area, they often cut in the areas that do not show as much promise.
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As a result, we have seen a surge in job-cut announcements,
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The big question is how many workers will accept the terms. Too few and the company will be forced to fire workers; too many and the company could be forced to refuse some people's wishes to leave.
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Some expect CEOs to be chained to the desk. Most put in 12 or more hours a day, often working seven days a week. But we should want leaders in high-pressure situations to have time to decompress.
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One cannot dismiss the emotional response to September 11, which has led to a renewed 'life is too short' mentality,' ... Before September 11, many younger would-be entrepreneurs might have postponed their dreams until they were older, had more experience, etc. Now, we are seeing this younger generation proceed with their dreams, throwing caution to the wind.
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Now, ... it appears that companies are disregarding the fact that serious labor shortages persist, and are deciding to trim their workforces after a merger or acquisition.
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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,
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Dell has led the way in creating a global workforce. Its increases show, to a large degree, how it wants to compete on a global scale.
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Companies need to find out where their business is going to be in the next decade, ... and the way you do that is by listening to your employees, watching the market, and then growing in those areas with your people.
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Companies are trying to be much more responsive to the individuals they want to hire. If they can meet (a need) for you, they will. It's very important to be open. That may be the thing that clinches the deal.
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Companies are starving for people with technology skills. I think people are kind of shocked. It's certainly almost taboo in society. Parents tell their kids the last thing they should do is skip college for the big money.
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Companies are much more nimble today. They're cutting costs, but then they grow in new areas, so layoffs continue at the same time as job growth.
companies continue cutting grow job layoffs time
Companies are much more nimble today, ... They're cutting costs, but then they grow in new areas, so layoffs continue at the same time as job growth.