221 Quotes by John Challenger

Consumers are said to have more income (including the Bush tax cut), but are spending less. That may be the strongest indication that recovery from the current situation may be longer off than Wall Street analysts expect.

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.

The question for the economy at large is to what extent will it absorb these people and these businesses.

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.

Today's CEO is under fire from a number of sectors, ... Not only are shareholders demanding higher and higher returns, directors are far more active and government agencies are increasingly putting them under the microscope.

Even when the economy is fully recovered and companies are back in expansion mode, we may not see a revival in hiring of the rank-and-file worker. Cost containment oriented companies, in an effort to become more agile in this increasingly competitive global marketplace, will rely more an more on a just-in-time workforce of contract and contingent workers.

We are no longer seeing the blockbuster cuts in the tens of thousands that cause big headlines, ... Instead, we are seeing cuts of 2,500 (to) 5,000. While most announcements of that size do not get a lot of media coverage, those are the ones that give us (big) figures such as those in March.

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.

The decline in job cuts is certainly welcome news, but it is difficult to get too excited about a year in which more than 1.2 million people fell victim to downsizing, ... That is more than double the 553,044 job cuts averaged annually during the six-year period before the recession.