Many of the weakest firms no longer exist, and those once considered the titans of the Internet are trimming payroll and other costs to the bare minimum.
More Quotes from John Challenger:
Companies need to find out where their business is going to be in the next decade, ... and the way you do that is by listening to your employees, watching the market, and then growing in those areas with your people.John Challenger
The good news for workers is that job cuts during the summer months typically decline from the beginning of the year. If that occurs this year, we could see job-cut figures fall to their lowest level in several years.
John Challenger
What's new is that these relationships between men and women are less fraught with risk.
John Challenger
While voracious consumer spending has helped maintain overall economic strength, companies are still hampered by stiff pricing competition from abroad, ... The inability to raise prices has cut into corporate profits, which, in turn, has most certainly contributed to increased job cutting.
John Challenger
Some job seekers may do this because they feel that they should be a vice president and earning six figures, but their employers have not acknowledged such capabilities. However, prospective employers ... only care about what position you actually held,
John Challenger
This is the strongest, most consistent area for job growth.
John Challenger
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Got an issue, get a tissue.
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