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...
attract businesses cities city difficult economy jobs people skilled smaller truly workers
It is difficult to attract new businesses to a city if there are not enough skilled workers to employ. It is much more difficult to attract new people if there are no jobs immediately available, ... What smaller cities are accomplishing in this economy is truly amazing.
familiar far hiring maximize overtime paying rather slow smarter until wages
It is far smarter to maximize productivity by paying overtime wages rather than hiring new workers, who will be slow until they become familiar with the new job.
both business companies consider cutting economy entirely eventually expecting forced hybrids internet online share shift short strategies term
We now see more and more of these Old Economy-New Economy hybrids cutting their online staffs, ... Companies that were hoping, if not expecting to eventually shift the lion's share of their business to the Internet may be forced to consider entirely new strategies for both short term and long term.
chip harder next task
We never concentrate on one task anymore. You take a little chip out of it, and then you're on to the next thing. It's harder to feel like you're accomplishing something.
areas businesses concern drop economy employees hire longer raises recovery specter workers
Those are two areas of the economy that should be perking up right now if we were in a recovery mode, ... Normally, businesses hire temp workers and work their employees longer -- this drop is of real concern and raises the specter of a double-dip recession.
announced couple cuts deals expected job large positions redundant seen year
We have already seen a couple of large deals announced this year, one of which expected as many as 10,000 job cuts to take place as redundant positions are eliminated, ... This could be a big year for such transactions.
basketball gives hide madness march might quickly remembered workers
The 2006 March Madness just might be remembered for the 'boss button' that gives workers a way to quickly hide their basketball indiscretions.
asian companies continue driver growth scale situation
The Asian situation has been a real driver and should continue into 1999, as companies scale back their growth plans,
activity banks definitely duplicate fuel seeing
With M&A activity up, we're seeing more condensing of things like duplicate headquarters, banks on adjacent corners, duplicate warehouses, ... It's definitely something that's going to fuel more downsizing in 2004.
ahead request time
get it done ahead of time and then request new assignments or projects.
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,
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.
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.