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...
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.
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Obviously, everyone has his or her own ideas about what makes a good boss, but there are certain characteristics that most good bosses possess,
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No company or boss can promise you the company will remain the same (forever). You have to realize you may be back in the job market at any time.
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Layoffs are still very high, and the economy seems to be showing little sign of pulling out of the doldrums, ... These lower cuts may just mean that we aren't seeing any further dips right now -- that we're just in this kind of steady, low-wattage kind of state.
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Many of the weakest firms no longer exist, and those once considered the titans of the Internet are trimming payroll and other costs to the bare minimum.
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Many companies have now had over two years of strong profitability. They haven't yet completely reinvested that in technology, but as they gain economic strength, they will.
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Many are waiting with bated breath to see if the economy continues to add jobs at the rate it did in March. If it does not, it could be serious blow to consumer and business confidence, thus slowing the momentum of the recovery again.
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Several telecom deals have yet to be finalized, but once they are we can expect to see more fallout, especially since many of these deals were made with the sole purpose of cutting costs,
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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.
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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,
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More and more human resource executives are coming to the realization that they can no longer drag their heels on hiring decisions. If they do, it is increasingly likely that the candidate will be off the market before the offer is made.
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The places where it's really going to hit is government and teachers. Governments are going to be unable to pay for the promises they've made. Pensions for teachers and government workers just dwarf what we see in the private sector.
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Because of the declining numbers of students in computer science and engineering, companies are looking overseas for tech-savvy workers.
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You have to have as many balls up in the air as possible, ... In this day and age, you have to be more of a free agent than an indentured servant.