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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The best security people can't just deal with threats; they have to anticipate them, too.
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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 really was no way to predict where the successful strands would come in the e-world. If you take a company like Yahoo, they got there early, with a lot of money, and were able to go out and hire the very best people.
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It's through those relationships that people make the best moves. Build your social capital.
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In these types of transactions, ... payroll is usually targeted first for cost cuts, yielding the best and quickest results.
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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.
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The biggest factor pushing tech job cuts to a five-quarter high was a surge in corporate combinations in the telecom sector, which resulted in over 3,000 job cuts in February.
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The average search time for executives earning over $100,000 is about a month longer than other wage earners in the same community.
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The field is continually changing, and some companies feel like they're constantly under siege. It takes a special kind of individual just to walk into that, much less take control of it.
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The fallout from these mergers is often measured in jobs as the combined entity cuts overlapping positions and sheds workers in an effort to maintain profit margins.
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The fallout from all of this will likely continue on in December and January with more dot.com closures and job cut announcements,
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The cost may end up being much higher since it will now be possible to watch entire games on the Internet.
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If job cuts in the auto industry continue and we start to see consistently high job-cut numbers from the top three job cutters in July, it should set off some relatively loud alarm bells about the state of the job market and economy.