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,
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.
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.
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.
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.
expect figures lines location looking offices
With job-cut figures surging, you would expect to see long lines at the unemployment offices and at every location looking to hire,
across cuts demand expect far fewer job last month pressure skilled virtually wage workers
With fewer job cuts last month and virtually no let-up of demand for skilled workers across all industries, one would expect far more wage pressure than has been seen,
against factors future job market near rebound relatively
With factors like technology, outsourcing and consolidation working against job creation, any job market rebound we see in the near future will be relatively small,
bankruptcy eventual fallen larger swallowed
It would appear, ... that many of the smaller, more independent dot.com firms have been swallowed up by their larger competitors or have fallen into bankruptcy and eventual closure.
chief continue executive high holiday light likely shopping
These sectors may continue to see high chief executive turnover in light of what will most likely be categorized as a lackluster holiday shopping season.