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...
job lots time
There are lots of job losses, yet at the same time there is really extraordinary job creation,
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When you look at countries like India, you see that there's a strong focus there on ramping up the technical education of its labor force,
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What's emerging in this era where men and women are working together as colleagues and peers . . . are relationships that form between men and women that are really strong.
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There has been a remarkable reversal since last fall and winter, when we saw several consecutive months in which departures numbered over 100.
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The good news for workers is that job cuts during the summer months typically decline from the beginning of the year. If that occurs this year, we could see job-cut figures fall to their lowest level in several years.
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We see the same thing with job titles. People feel like the company didn't appreciate them or the job they did deserved a higher title, so they change the title.
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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.
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We personally heard desperation in the voices of callers to our firm, ... On an average, callers thought it would take at least five and a half months to become re-employed.
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While some forecast the economy to be strong this year, some areas hit with heavy downsizing could struggle.
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We were seeing daily announcements of the demise of CEOs in a way that seemed to stand out.
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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.
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Trust your instincts, and talk with people in the organization and people in the industry,
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The question will be how do you share resources?
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For employees in the middle of a merger-acquisition right now, it is likely that at least one in 10 will lose their jobs because of the combination.