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...
appears case companies cuts data hoarding large march merger number seemed workers
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.
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.
care computer degrees education graduating health job relatively welcoming
Those graduating with degrees in business, engineering, computer science, education and health care should find a relatively welcoming job market.
asked deliver fail forced risk tender
Those who fail to deliver will be asked to tender their resignation or risk being forced out in a shareholder revolt.
category cuts dominate earlier job seeing seemed waves
We are seeing more job cuts from well-known, brand-name companies. The mom-and-pop category seemed to dominate the earlier waves of dot.com cuts.
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.
jobs lost million recession since
We've lost 2.5 million manufacturing jobs since the recession hit,
almost corporate cutting daily earnings economic economy headed job mirrors next pattern quarter recovery report saw seeing seems stuck third toward various
The pattern of job cutting that we saw in the third quarter mirrors what we have been seeing almost daily in the various economic and corporate earnings reports, which is to say one report suggests the economy is headed toward recovery while the next seems to hint that we are stuck in recession,
affects companies housing looking market
Most companies are looking at how the housing market affects them. If they see housing slowing, they'll be more cautious.
activity among behind cause competition continue cuts economy force improving increased industry job leading reasons second top year
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.
schedule tuition
You'll see more tuition reimbursement programs, more schedule flexibility.
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.
cuts job last lower numbers record saw year
Overall, job cuts are down from last year and significantly lower than the record numbers we saw in 2002 and 2001, but there are still some worrisome trends,
boon definitely degree people required
We are definitely going to see downsizing. There just isn't going to be a need for people to the degree that was required in the boon years.