221 Quotes by John Challenger
- Author John Challenger
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Companies are far from finished when it comes to thinning out their ranks,
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I think companies will spend billions of dollars over the next several years building their e-commerce structures, and these dot.com employees will be leaders in helping them do that,
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Companies are essentially asking employees to do two jobs. Employees can feel like you're piling it on.
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People are moving to where the jobs and the growth are occurring. That means a lot more turbulence in people's lives.
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Companies, through their downsizing, continue to take the steam out of the wage inflation engine by cutting people when the pressure gets too high,
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Overall, job cuts are down from last year and significantly lower than the record numbers we saw in 2002 and 2001, but there are still some worrisome trends,
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Companies that simply let these workers go will probably find a significant decline in the level of customer service and may even find some customers taking their business elsewhere.
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Retailers, restaurants, real estate, home improvement stores... will all see business decline.
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Companies that had told us they were seeing a glimmer of light at the end of the tunnel suddenly found themselves thrust back into darkness.
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