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Letter "J" » John Challenger Quotes
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«A growing number of unemployed Americans waste time browsing the estimated 4,000 to 5,000 online job sites, blanketing them with resumes, and then waiting for callbacks. It is a formula for long-drawn-out joblessness.»
Author: John Challenger
«People who have been out for a while say, 'I've got to get back to work,' so they take downgraded jobs. Maybe they can't get a job as the plant manager, so they try to get a job as a manager on the factory line and work their way back up.»
Author: John Challenger
«Job-cut announcements have been on a roller coaster ride this year. The lack of any discernible trend in corporate downsizing is indicative of the uncertainty associated with the current economy.»
Author: John Challenger
«This may not mean that telecom is the weakest of the technology industries, but it is clearly the most volatile. While some areas in this industry are consolidating, others are expanding.»
Author: John Challenger
«Many are waiting with bated breath to see if the economy continues to add jobs at the rate it did in March. If it does not, it could be serious blow to consumer and business confidence, thus slowing the momentum of the recovery again.»
Author: John Challenger
«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.»
Author: John Challenger
«Several telecom deals have yet to be finalized, but once they are we can expect to see more fallout, especially since many of these deals were made with the sole purpose of cutting costs.»
Author: John Challenger
«We are definitely going to see downsizing. There just isn't going to be a need for people to the degree that was required in the boon years.»
Author: John Challenger
«It used to be taken for granted that you wouldn't do layoffs during the holidays, but that hasn't been the case for at least several years.»
Author: John Challenger
«It is not unusual to see heavy job-cutting in the beginning of the year. Companies are still making adjustments based on the previous year's performance.»
Author: John Challenger
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