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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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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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.
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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.
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Technology has sped everything up and, by speeding everything up, it's slowed everything down, paradoxically.
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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.
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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.
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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.
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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.
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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.