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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Many of the weakest firms no longer exist, and those once considered the titans of the Internet are trimming payroll and other costs to the bare minimum.
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We now see more and more of these Old Economy-New Economy hybrids cutting their online staffs, ... Companies that were hoping, if not expecting to eventually shift the lion's share of their business to the Internet may be forced to consider entirely new strategies for both short term and long term.
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In the beginning of the downturn, it was primarily the companies which conducted business solely over the Internet that were having the most trouble,
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There's no difference sending work from San Francisco to San Jose over the Internet than sending it from Bangalore to San Jose over the Internet, ... So there is going to be declining pay for technology workers in a global marketplace.
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The Internet still offers viable business opportunities as the number of people with Internet access increases, ... As a result, we will continue to see job growth in this area but it probably will never again match the explosive growth of a couple of years ago.
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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.