The market has very high expectations. The unrelenting search for profits is driving companies in an era when they can't raise prices and some of their potential for expansion overseas is being crimped. |
The normal mode of merging is you buy a company and condense the headquarters and the duplicative operations, ... Now, most companies are expanding so rapidly that they need to keep the other company's employees to meet the needs of that expansion. |
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. |
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, |
The places where it's really going to hit is government and teachers. Governments are going to be unable to pay for the promises they've made. Pensions for teachers and government workers just dwarf what we see in the private sector. |
The question for the economy at large is to what extent will it absorb these people and these businesses. |
The question will be how do you share resources? |
The service [sector] is holding this economy together, but there are signs it's beginning to deteriorate. As those companies begin to cut back, we're going to see increasing unemployment, and consumer spending... is likely to get much worse, and that's going to create higher unemployment. |
The strong economy prompted ambitious yearly plans on the part of many companies, especially those in consumer goods manufacturing, ... In order to meet those goals, as well as to stay competitive in today's global 24-hour economy, several companies in the poll have added or plan to add third shifts, creating the need for even more workers. |
The terrorist attacks created an air of uncertainty that has undoubtedly influenced corporate decision making over the last year. |
The union has done a good job in negotiating a buyout package that at least seems to me to be unparalleled. At the same time, it's bittersweet. What they are negotiating is an end game. |
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. |
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. |
The world is not the same as it used to be. Companies pay for skills in an era where brains are more important than brawn, and the forces of automation, globalization, deregulation and competition have changed what this kind of work is worth in the world. |
There are lots of job losses, yet at the same time there is really extraordinary job creation, |