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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Benefits are much worse for part-time workers. The number of people without health care insurance has gone over 40 million.
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As the number of people in these towns increases, so will the demand for products and services, which will, of course, result in more jobs.
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While companies seemed to be hoarding workers post-merger or acquisition through February, it appears that this is not the case anymore. While we do not have our own merger job-cut data for March tabulated yet, we know a large number of merger-related cuts were announced.
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Because of the declining numbers of students in computer science and engineering, companies are looking overseas for tech-savvy workers.
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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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It may seem as if the light at the end of the economic recovery tunnel keeps getting farther away, but our research has shown that there are opportunities for the growing numbers of Americans who suddenly find themselves unemployed,
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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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Companies are looking at their staffing needs for the balance of 2001 and the numbers do not present a very positive picture. The most worrisome aspect of the job-cut numbers, in terms of serving as an economic barometer, is the fact that job cutting has been heaviest in both manufacturing and technology.
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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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large number of lower-middle class and middle-class Americans struggling to make it paycheck-to-paycheck will be short of discretionary income during the holiday shopping season.
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Overall, job cuts are down from last year and significantly lower than the record numbers we saw in 2002 and 2001, but there are still some worrisome trends,
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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.
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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.