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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We typically see higher job cuts in January as companies set into motion business plans and employment needs for the new year.
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These sectors may continue to see high chief executive turnover in light of what will most likely be categorized as a lackluster holiday shopping season.
businesses higher priority
Businesses give a higher priority to profitability and earnings.
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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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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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Today's CEO is under fire from a number of sectors, ... Not only are shareholders demanding higher and higher returns, directors are far more active and government agencies are increasingly putting them under the microscope.
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The only clear picture we have from the job cut numbers this year is that employers appear to be confused about the direction this economy is taking, ... Companies are experiencing increased business, but they are also seeing their costs soar due to higher fuel prices, inflation in supplier prices and a weaker dollar, which makes it more expensive to buy foreign parts.
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It is clearly a seller's market. There has probably never been a better time to be looking for a job, especially for those seeking positions in industries that require highly specialized knowledge and skills.
clearly highly industries knowledge looking positions require seeking time
It is clearly a seller's market, ... There has probably never been a better time to be looking for a job, especially for those seeking positions in industries that require highly specialized knowledge and skills.
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Higher health care and energy costs for employers and employees are definitely taking a toll. Companies are being forced to enact more cost-containment measures to protect profits,
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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.
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Changes at the top are typically followed by changes further down the ladder. However, the high number of job cuts this year could also be leading to CEO changes.
ceo changes cuts followed further high job leading number top year
Changes at the top are typically followed by changes further down the ladder, ... However, the high number of job cuts this year could also be leading to CEO changes.
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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.