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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Consumers watched the stock market fall, heating-fuel prices rise, and to top it all off, employers launched a year-end job cut spree.
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Continued job cutting as a result of a slowing economy and increased outsourcing could prompt a significant decline in job security and a subsequent reduction in consumer spending just as we head into the all-important holiday shopping season,
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We are approaching full employment and some employers are already dreaming up perks to attract the best talent.
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There's going to be conflict because you've got people who are reaching 50 and want the top job, and you've got others who aren't willing to step aside.
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There's no question that senior entrepreneurs are out there. There's more and more access to self-employment possibilities as people decide to put off retirement as they get into their 60s and 70s and 80s.
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There's no difference sending work from San Francisco to San Jose over the Internet than sending it from Bangalore to San Jose over the Internet, ... So there is going to be declining pay for technology workers in a global marketplace.
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We've lost 2.5 million manufacturing jobs since the recession hit,
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Most companies are looking at how the housing market affects them. If they see housing slowing, they'll be more cautious.
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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.
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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,
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It has become apparent that U.S. companies are deciding that the best way to keep profits in line is to cut jobs at the first sign of weakness in any of their product lines.
schedule tuition
You'll see more tuition reimbursement programs, more schedule flexibility.
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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.
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I think they re going to have to offer a stipend to help their employees with the costs so much for gas. They are going to have to encourage use of mass transportation or look for workers that are closer in.