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 very heavy downsizing reported in November is more confirmation that the effects of the Sept. 11 attack on the economy have been substantial. In the eight years we have tracked job cuts data, the downsizing for the last three months has been at levels never before seen.
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The pattern of job cutting that we saw in the third quarter mirrors what we have been seeing almost daily in the various economic and corporate earnings reports, which is to say one report suggests the economy is headed toward recovery while the next seems to hint that we are stuck in recession,
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The job market appears to be stuck in the mud. Every time it looks as if things are going to rebound for the nation's workers, a series of reports deflates the optimism,
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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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The best way to get a summer job is to start now, if you haven't started already.
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The best security people can't just deal with threats; they have to anticipate them, too.
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The average search time for executives earning over $100,000 is about a month longer than other wage earners in the same community.
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The field is continually changing, and some companies feel like they're constantly under siege. It takes a special kind of individual just to walk into that, much less take control of it.
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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 fallout from all of this will likely continue on in December and January with more dot.com closures and job cut announcements,
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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.
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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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not a good indication of stronger job creation to come.
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Take a course in anything, it really doesn't matter what it is.