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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Even as demand and salaries rise, college students should not be lulled into thinking that the job search will be easy or that jobs will be handed to anyone with a degree.
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People see themselves moving (between) too many jobs today, too many companies.
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Between technology and globalization, a large majority of U.S. white-collar jobs will become obsolete and either eliminated or dramatically altered,
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We've lost 2.5 million manufacturing jobs since the recession hit,
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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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It is difficult to attract new businesses to a city if there are not enough skilled workers to employ. It is much more difficult to attract new people if there are no jobs immediately available, ... What smaller cities are accomplishing in this economy is truly amazing.
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Many are waiting with bated breath to see if the economy continues to add jobs at the rate it did in March. If it does not, it could be serious blow to consumer and business confidence, thus slowing the momentum of the recovery again.
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For employees in the middle of a merger-acquisition right now, it is likely that at least one in 10 will lose their jobs because of the combination.
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A lot of people leave jobs because they say, 'I had no freedom. I had no say,' ... People don't want bosses who are ... just telling them what to do and not creating a strong collegial relationship with give and take.
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People are moving to where the jobs and the growth are occurring. That means a lot more turbulence in people's lives.
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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 good news for displaced workers as well as for the economy is that the jobs that are being affected the most by downsizing are still in demand, ... This is why the unemployment rate has not increased at nearly the same rate as job cuts.
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The heavy year-end downsizing does not necessarily indicate a sudden weakening of the economy, ... The fact is, job cutting has become a permanent part of the corporate cost-management mix, as demonstrated by the fact that a strong financial sector still found nearly 100,000 jobs to eliminate.
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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.