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Quotations
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John Challenger Quotes
«The very heavy downsizing reported in November is more confirmation that the effects of the Sept. 11 attack on the economy have been substantial, ... In the eight years we have tracked job cuts data, the downsizing for the last three months has been at levels never before seen.»
Author: John Challenger
«Continued job cutting as a result of a slowing economy and increased outsourcing could prompt a significant decline in job security and a subsequent reduction in consumer spending just as we head into the all-important holiday shopping season,»
Author: John Challenger
«Relying on outsourcing gives companies more flexibility in regard to budgeting and allows them to respond more quickly to fluctuations in the economy,»
Author: John Challenger
«The good news for displaced workers as well as for the economy is that the jobs that are being affected the most by downsizing are still in demand, ... This is why the unemployment rate has not increased at nearly the same rate as job cuts.»
Author: John Challenger
«The fallout from all of this will likely continue on in December and January with more dot.com closures and job cut announcements,»
Author: John Challenger
«Companies are much more nimble today, ... They're cutting costs, but then they grow in new areas, so layoffs continue at the same time as job growth.»
Author: John Challenger
«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.»
Author: John Challenger
«We ask all of our job seekers in the out- placement program to only look at the web after 6:30 at night or before maybe 6:00 in the morning, ... It is a soaker up of time and in a job search, you've got to get out and see people. You can't sit behind a desk and tinker with your resume.»
Author: John Challenger
«Companies, through their downsizing, continue to take the steam out of the wage inflation engine by cutting people when the pressure gets too high,»
Author: John Challenger
«It is clearly a seller's market, ... There has probably never been a better time to be looking for a job, especially for those seeking positions in industries that require highly specialized knowledge and skills.»
Author: John Challenger
