262 ordspråk av John Challenger

John Challenger

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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.

Continued job cutting as a result of a slowing economy and increased outsourcing could prompt a significant decline in job security and a subsequent reduction in consumer spending just as we head into the all-important holiday shopping season,

Relying on outsourcing gives companies more flexibility in regard to budgeting and allows them to respond more quickly to fluctuations in the economy,

The good news for displaced workers as well as for the economy is that the jobs that are being affected the most by downsizing are still in demand, ... This is why the unemployment rate has not increased at nearly the same rate as job cuts.

The fallout from all of this will likely continue on in December and January with more dot.com closures and job cut announcements,

Companies are much more nimble today, ... They're cutting costs, but then they grow in new areas, so layoffs continue at the same time as job growth.

Now, ... it appears that companies are disregarding the fact that serious labor shortages persist, and are deciding to trim their workforces after a merger or acquisition.

We ask all of our job seekers in the out- placement program to only look at the web after 6:30 at night or before maybe 6:00 in the morning, ... It is a soaker up of time and in a job search, you've got to get out and see people. You can't sit behind a desk and tinker with your resume.

Companies, through their downsizing, continue to take the steam out of the wage inflation engine by cutting people when the pressure gets too high,

It is clearly a seller's market, ... There has probably never been a better time to be looking for a job, especially for those seeking positions in industries that require highly specialized knowledge and skills.

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.

Changes at the top are typically followed by changes further down the ladder, ... However, the high number of job cuts this year could also be leading to CEO changes.

Those are two areas of the economy that should be perking up right now if we were in a recovery mode, ... Normally, businesses hire temp workers and work their employees longer -- this drop is of real concern and raises the specter of a double-dip recession.

A lot of people leave jobs because they say, 'I had no freedom. I had no say,' ... People don't want bosses who are ... just telling them what to do and not creating a strong collegial relationship with give and take.

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