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...
either eliminated jobs large majority obsolete technology
Between technology and globalization, a large majority of U.S. white-collar jobs will become obsolete and either eliminated or dramatically altered,
collapse continue cuts downward regain strength tech year
Tech cuts have been trending downward year after year as firms continue to regain their strength after the devastating dot-com collapse in 2000 and 2001.
speeding technology
Technology has sped everything up and, by speeding everything up, it's slowed everything down, paradoxically.
declining difference francisco global internet pay san sending technology work workers
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.
ahead businesses companies consumer cuts demand despite equipment fewer job looked mean meet months ramp relatively spending starting steady strong technology
Businesses are starting to ramp up spending on new equipment and technology and consumer spending looked relatively strong in January, despite predictions that they were tapped out. This may mean fewer job cuts in the months ahead as companies try to meet the steady demand for their products.
companies economic gain strong technology
Many companies have now had over two years of strong profitability. They haven't yet completely reinvested that in technology, but as they gain economic strength, they will.
countries education focus labor strong technical
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,
companies consumers cooling cup last lead major months period technology until
Consumers and companies have been gobbling up new technology in the last 12 to 24 months ... Their technology cup is overflowing, which may lead to a cooling off period until a major technology breakthrough comes along.
biggest corporate cuts factor high job pushing resulted tech
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.
access bet bring company face good great lift people sign talent tech
It's a good sign in the face of all these tech cuts, ... I'll bet they can really access great talent right now. To bring that many people into the company when pickings are really good, it should be a real lift for the company.
areas clearly industry mean others technology weakest
This may not mean that telecom is the weakest of the technology industries, but it is clearly the most volatile. While some areas in this industry are consolidating, others are expanding.
almost certainly college companies kids last parents people skip starving taboo technology
Companies are starving for people with technology skills. I think people are kind of shocked. It's certainly almost taboo in society. Parents tell their kids the last thing they should do is skip college for the big money.
beef build companies last looking medium smaller tech
Smaller to medium sized companies will be looking to beef up and build tech infrastructure just as big companies did in the last boom.
business companies cuts employment higher january job motion needs plans
We typically see higher job cuts in January as companies set into motion business plans and employment needs for the new year.