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...
certainly companies competition consumer corporate cut economic helped inability increased job maintain overall prices pricing raise spending stiff voracious
While voracious consumer spending has helped maintain overall economic strength, companies are still hampered by stiff pricing competition from abroad, ... The inability to raise prices has cut into corporate profits, which, in turn, has most certainly contributed to increased job cutting.
business companies cuts employment higher january job motion needs plans
We typically see higher job cuts in January as companies set into motion business plans and employment needs for the new year.
expect figures lines location looking offices
With job-cut figures surging, you would expect to see long lines at the unemployment offices and at every location looking to hire,
across cuts demand expect far fewer job last month pressure skilled virtually wage workers
With fewer job cuts last month and virtually no let-up of demand for skilled workers across all industries, one would expect far more wage pressure than has been seen,
against factors future job market near rebound relatively
With factors like technology, outsourcing and consolidation working against job creation, any job market rebound we see in the near future will be relatively small,
attract best dreaming employers employment full perks talent
We are approaching full employment and some employers are already dreaming up perks to attract the best talent.
ceos daily demise seeing seemed stand
We were seeing daily announcements of the demise of CEOs in a way that seemed to stand out.
ask behind desk job maybe night placement program seekers sit time tinker web
We ask all of our job seekers in the out- placement program to only look at the web after 6:30 at night or before maybe 6:00 in the morning, ... It is a soaker up of time and in a job search, you've got to get out and see people. You can't sit behind a desk and tinker with your resume.
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.
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.
consumer depending entire holiday mostly none nor retailers spending strong
None of this bodes well for retailers depending on strong holiday sales, nor for the entire economy, which has mostly relied on consumer spending to keep it afloat,
businesses higher priority
Businesses give a higher priority to profitability and earnings.
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.
burned business convert full owners recession recovery staff temporary time
Business owners have been burned by the recession in the past, so they'll take on some temporary staff and then convert them to full time when they know the recovery is for real.