John Challenger Quotes on Facts (4 Quotes)

The heavy year-end downsizing does not necessarily indicate a sudden weakening of the economy, ... The fact is, job cutting has become a permanent part of the corporate cost-management mix, as demonstrated by the fact that a strong financial sector still found nearly 100,000 jobs to eliminate.

Poverty and hunger are rapidly becoming a workplace issue... if for no other reason than the fact than an employee who is worried about where his or her next meal will come from is not going to be very productive.

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.

Companies are looking at their staffing needs for the balance of 2001 and the numbers do not present a very positive picture, ... The most worrisome aspect of the job-cut numbers, in terms of serving as an economic barometer, is the fact that job cutting has been heaviest in both manufacturing and technology.