Mergeracquisition activity was the second leading cause of job cuts (in January), behind cost-cutting. It will continue to be among the top job-cut reasons this year as an improving economy and increased competition force industry consolidation.
More Quotes from John Challenger:
It's a good sign in the face of all these tech cuts, ... I'll bet they can really access great talent right now. To bring that many people into the company when pickings are really good, it should be a real lift for the company.John Challenger
Especially with all the worries about the war, terrorism and the economy, companies need to find ways to build morale right now, ... The NCAA, and the betting pools in many offices, are a way to bring employees together, to build rapport. These are the kinds of things that allow people to work well together. It's a good expenditure for companies.
John Challenger
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.
John Challenger
No company or boss can promise you the company will remain the same (forever). You have to realize you may be back in the job market at any time.
John Challenger
Benefits are much worse for part-time workers. The number of people without health care insurance has gone over 40 million.
John Challenger
Business owners have been burned by the recession in the past, so they'll take on some temporary staff and then convert them to full time when they know the recovery is for real.
John Challenger
Readers Who Like This Quotation Also Like:
Based on Keywords: cost-cutting, job-cutThat's the way it is with entrepreneurial people. You try one thing, it doesn't work, you try another.
Pete du Pont
It seems to me that an author who has determined very new domains in literature is Gertrude Stein.
Raymond Queneau
I don't blame my own parents for the way I grew up, as quite often there is little choice in these issues.
Peter Garrett