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 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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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,
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The decline in job cuts is certainly welcome news, but it is difficult to get too excited about a year in which more than 1.2 million people fell victim to downsizing, ... That is more than double the 553,044 job cuts averaged annually during the six-year period before the recession.
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Companies that simply let these workers go will probably find a significant decline in the level of customer service and may even find some customers taking their business elsewhere.
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Continued job cutting as a result of a slowing economy and increased outsourcing could prompt a significant decline in job security and a subsequent reduction in consumer spending just as we head into the all-important holiday shopping season,
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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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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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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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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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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.
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Even though February job cuts showed a significant decline, there is no reason to think the job market is rebounding, ... The fact that cuts remained above 100,000 is a strong indicator that employers are still focused on contraction.
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Even in this runaway economy that has some factories running 24 hours, ... employers are still able to find areas that can be trimmed or eliminated altogether.