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John Challenger  Quotes
Every town with a closing plant will see its local economy take a hit,

—John Challenger

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The job market appears to be stuck in the mud. Every time it looks as if things are going to rebound for the nation’s workers, a series of reports deflates the optimism,

—John Challenger

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It is no wonder that workplace dating is taking off, with more than 28 million young people, some of whom spend more time together in the office than they do outside of work. Employers almost...

—John Challenger

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[Higher paid employees] represent the core of the institution. They have the best understanding of the company’s history, its goals and its culture. They are there to guide the company and its employees. Companies generally...

—John Challenger

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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

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People are moving to where the jobs and the growth are occurring. That means a lot more turbulence in people’s lives.

—John Challenger

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Growth
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Taking full time off to go back to graduate school once you’re, say, past 28, is very costly. Yes, there’s no question it enhances your value — particularly in the big stream areas like finance,...

—John Challenger

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Past
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The 2006 March Madness just might be remembered for the ‘boss button’ that gives workers a way to quickly hide their basketball indiscretions.

—John Challenger

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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.

—John Challenger

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The decline in job cuts is certainly welcome news, but it is difficult to get too excited about a year in which more than 1.2 million people fell victim to downsizing, … That is more...

—John Challenger

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News
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ripe with job opportunities.

—John Challenger

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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...

—John Challenger

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Business
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With M&A activity up, we’re seeing more condensing of things like duplicate headquarters, banks on adjacent corners, duplicate warehouses, … It’s definitely something that’s going to fuel more downsizing in 2004.

—John Challenger

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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...

—John Challenger

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Economy
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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...

—John Challenger

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It just means the office is fully utilized.

—John Challenger

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Office
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The best security people can’t just deal with threats; they have to anticipate them, too.

—John Challenger

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Companies that had told us they were seeing a glimmer of light at the end of the tunnel suddenly found themselves thrust back into darkness.

—John Challenger

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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...

—John Challenger

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Vice
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I think it’s likely to get worse before it gets better.

—John Challenger

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It’s also important to give folks a way they can air their concerns. Have an open environment where people can say what they really think,

—John Challenger

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We are no longer seeing the blockbuster cuts in the tens of thousands that cause big headlines, … Instead, we are seeing cuts of 2,500 (to) 5,000. While most announcements of that size do not...

—John Challenger

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Technology has sped everything up and, by speeding everything up, it’s slowed everything down, paradoxically.

—John Challenger

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Technology
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It’s through those relationships that people make the best moves. Build your social capital.

—John Challenger

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The economy is always an important issue in voters’ minds, especially as it relates to the job market, … Most Americans do not pay much attention to gross domestic product growth, the strength of the...

—John Challenger

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Even in this runaway economy that has some factories running 24 hours, … employers are still able to find areas that can be trimmed or eliminated altogether.

—John Challenger

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Kids today have grown up with technology.

—John Challenger

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It is a favorable sign that retailers have not joined in the job-cutting spree,

—John Challenger

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There’s going to be conflict because you’ve got people who are reaching 50 and want the top job, and you’ve got others who aren’t willing to step aside.

—John Challenger

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Conflict
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But that might be a conservative estimate. Especially since CBS announced those live feeds for free. Plus, with the whole new era of video on demand ? you can just download a game you want...

—John Challenger

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Conservative
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The market has very high expectations. The unrelenting search for profits is driving companies in an era when they can’t raise prices and some of their potential for expansion overseas is being crimped,

—John Challenger

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You are 25 percent more likely to lose a job after Labor Day [Sept. 1] than in the preceding eight months, … The reasons: employers are finalizing budgets and business plans for 2004, and payroll...

—John Challenger

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Even if raises and bonuses are below what they were four or five years ago…rewarding employees who have brought the company through tough times is accepted by more and more companies,

—John Challenger

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Retailers are being forced to turn into discounters at all levels, and that early transformation to a discounting posture is putting great pressure on profits. Retailers make a good percentage of their profitability in the...

—John Challenger

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It is far smarter to maximize productivity by paying overtime wages rather than hiring new workers, who will be slow until they become familiar with the new job.

—John Challenger

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Productivity
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It may seem as if the light at the end of the economic recovery tunnel keeps getting farther away, but our research has shown that there are opportunities for the growing numbers of Americans who...

—John Challenger

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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.

—John Challenger

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The longer search times reflect additional risks in the job market. High energy prices may be slowing companies hiring plans and could result in the postponement of expansion programs.

—John Challenger

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Energy
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Some expect CEOs to be chained to the desk. Most put in 12 or more hours a day, often working seven days a week. But we should want leaders in high-pressure situations to have time...

—John Challenger

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We personally heard desperation in the voices of callers to our firm, … On an average, callers thought it would take at least five and a half months to become re-employed.

—John Challenger

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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...

—John Challenger

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Companies are essentially asking employees to do two jobs. Employees can feel like you’re piling it on.

—John Challenger

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With factors like technology, outsourcing and consolidation working against job creation, any job market rebound we see in the near future will be relatively small,

—John Challenger

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We are seeing more job cuts from well-known, brand-name companies. The mom-and-pop category seemed to dominate the earlier waves of dot.com cuts.

—John Challenger

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We see the same thing with job titles. People feel like the company didn’t appreciate them or the job they did deserved a higher title, so they change the title.

—John Challenger

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Smaller to medium sized companies will be looking to beef up and build tech infrastructure just as big companies did in the last boom.

—John Challenger

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We have already seen a couple of large deals announced this year, one of which expected as many as 10,000 job cuts to take place as redundant positions are eliminated, … This could be a...

—John Challenger

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Between technology and globalization, a large majority of U.S. white-collar jobs will become obsolete and either eliminated or dramatically altered,

—John Challenger

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For employees in the middle of a merger-acquisition right now, it is likely that at least one in 10 will lose their jobs because of the combination.

—John Challenger

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Changes at the top are typically followed by changes further down the ladder, … However, the high number of job cuts this year could also be leading to CEO changes.

—John Challenger

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