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...
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The fallout from these mergers is often measured in jobs as the combined entity cuts overlapping positions and sheds workers in an effort to maintain profit margins.
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The fallout from all of this will likely continue on in December and January with more dot.com closures and job cut announcements,
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In these types of transactions, ... payroll is usually targeted first for cost cuts, yielding the best and quickest results.
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If job cuts in the auto industry continue and we start to see consistently high job-cut numbers from the top three job cutters in July, it should set off some relatively loud alarm bells about the state of the job market and economy.
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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.
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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.
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Generation Y wants more meaningful work and is looking for more give-and-take from their employers. They want a lot of responsibilities and also to do work that is interesting to them.
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The cost may end up being much higher since it will now be possible to watch entire games on the Internet.
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In the beginning of the downturn, it was primarily the companies which conducted business solely over the Internet that were having the most trouble,
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The good news for displaced workers as well as for the economy is that the jobs that are being affected the most by downsizing are still in demand, ... This is why the unemployment rate has not increased at nearly the same rate as job cuts.
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The economy is always an important issue in voters' minds, especially as it relates to the job market, ... Most Americans do not pay much attention to gross domestic product growth, the strength of the dollar, inflation or other economic indicators.
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The competition will be fierce for first-time job seekers this year. Not only are there fewer jobs, but the pool of candidates is bigger, ... In addition to their classmates, college graduates will be competing with jobless people formerly in the workforce for one to three years...
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The heavy year-end downsizing does not necessarily indicate a sudden weakening of the economy, ... The fact is, job cutting has become a permanent part of the corporate cost-management mix, as demonstrated by the fact that a strong financial sector still found nearly 100,000 jobs to eliminate.
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The heavy job cutting we have seen over the past three years appears to be trending down, ... However, the job market seems to be in a state of limbo, where companies are eager to hold on to people they have, but many are reluctant to create any new jobs.