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John Challenger  Quotes
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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Companies are starving for people with technology skills. I think people are kind of shocked. It’s certainly almost taboo in society. Parents tell their kids the last thing they should do is skip college for...

—John Challenger

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The job-cut numbers in 2001 far exceeded anything we ever could have anticipated back in January.

—John Challenger

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Companies that simply let these workers go will probably find a significant decline in the level of customer service and may even find some customers taking their business elsewhere.

—John Challenger

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Service
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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.

—John Challenger

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People
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The normal mode of merging is you buy a company and condense the headquarters and the duplicative operations, … Now, most companies are expanding so rapidly that they need to keep the other company’s employees...

—John Challenger

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Company
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The places where it’s really going to hit is government and teachers. Governments are going to be unable to pay for the promises they’ve made. Pensions for teachers and government workers just dwarf what we...

—John Challenger

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As the number of people in these towns increases, so will the demand for products and services, which will, of course, result in more jobs.

—John Challenger

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We are at a peak period of employment. Companies can’t afford to lose people.

—John Challenger

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People
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With fewer job cuts last month and virtually no let-up of demand for skilled workers across all industries, one would expect far more wage pressure than has been seen,

—John Challenger

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Pay raises have been paltry since 2001. Since 2001, wage growth has been muted because productivity has been so strong.

—John Challenger

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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,

—John Challenger

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People who don’t have a college degree often feel they have to hide that fact – even successful people.

—John Challenger

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The question will be how do you share resources?

—John Challenger

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Americans really are watching. Recent polls said it was the second-most important issue after the war in Iraq.

—John Challenger

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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

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It’s a sign of company maturation as it begins to focus on its core areas,

—John Challenger

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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...

—John Challenger

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Those are two areas of the economy that should be perking up right now if we were in a recovery mode, … Normally, businesses hire temp workers and work their employees longer — this drop...

—John Challenger

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Economy
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There’s no question that senior entrepreneurs are out there. There’s more and more access to self-employment possibilities as people decide to put off retirement as they get into their 60s and 70s and 80s.

—John Challenger

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There are zillions of conversations during work time that take place during these three weeks, … The length of time of the tournament is one of the things that makes this unique among major American...

—John Challenger

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There is a lot of extra fiscal stimulus moving into the economy from the storm relief.

—John Challenger

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Economy
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The heavy job cutting we have seen over the past three years appears to be trending down, … However, the job market seems to be in a state of limbo, where companies are eager to...

—John Challenger

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Past
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You have to have as many balls up in the air as possible, … In this day and age, you have to be more of a free agent than an indentured servant.

—John Challenger

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It has become apparent that U.S. companies are deciding that the best way to keep profits in line is to cut jobs at the first sign of weakness in any of their product lines.

—John Challenger

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I think companies will spend billions of dollars over the next several years building their e-commerce structures, and these dot.com employees will be leaders in helping them do that,

—John Challenger

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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.

—John Challenger

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Holidays
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A lot of people leave jobs because they say, ‘I had no freedom. I had no say,’ … People don’t want bosses who are … just telling them what to do and not creating a...

—John Challenger

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It’s taken the company losing $10 billion for the jam to begin to break.

—John Challenger

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It is difficult to attract new businesses to a city if there are not enough skilled workers to employ. It is much more difficult to attract new people if there are no jobs immediately available,...

—John Challenger

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When you’re out for three or four years, you’ve got book knowledge and the market doesn’t want that,

—John Challenger

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Knowledge
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It becomes a question of, ‘How do you create a culture with a sense of openness for everybody?’

—John Challenger

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Culture
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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...

—John Challenger

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Talent
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The competition will be fierce for first-time job seekers this year. Not only are there fewer jobs, but the pool of candidates is bigger, … In addition to their classmates, college graduates will be competing...

—John Challenger

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Competition
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Businesses are starting to ramp up spending on new equipment and technology and consumer spending looked relatively strong in January, despite predictions that they were tapped out. This may mean fewer job cuts in the...

—John Challenger

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Technology
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Companies are trying to be much more responsive to the individuals they want to hire. If they can meet (a need) for you, they will. It’s very important to be open. That may be the...

—John Challenger

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Trying
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The labor market is starting to look more and more like the one we experienced in the late 1990s. Companies are undoubtedly reluctant to increase their costs, but it has become necessary to boost salaries...

—John Challenger

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Labor
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Job opportunities are described on the front pages daily as new emphasis is put on several industries, including security, communications, defense, medical equipment and supplies, as well as continuing significant opportunities in health care,

—John Challenger

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Security
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Going through the front door is a lot better than e-mailing your resume and waiting for them to call.

—John Challenger

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Those graduating with degrees in business, engineering, computer science, education and health care should find a relatively welcoming job market.

—John Challenger

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Business
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It would appear, … that many of the smaller, more independent dot.com firms have been swallowed up by their larger competitors or have fallen into bankruptcy and eventual closure.

—John Challenger

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None of this bodes well for retailers depending on strong holiday sales, nor for the entire economy, which has mostly relied on consumer spending to keep it afloat,

—John Challenger

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Economy
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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,

—John Challenger

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Generation Y wants more meaningful work and is looking for more give-and-take from their employers. They want a lot of responsibilities and also to do work that is interesting to them.

—John Challenger

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Work
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We typically see higher job cuts in January as companies set into motion business plans and employment needs for the new year.

—John Challenger

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[Get global . It’s a big world and you have to be a part of it. That means acquiring international experience so you know the ways and customs of other countries.] Companies are much more...

—John Challenger

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I think that the social compact hammered out in the mid-20th century has been superseded by a new compact that is different and doesn’t promise the potential for lifetime tenure. Workers are free agents.

—John Challenger

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While some forecast the economy to be strong this year, some areas hit with heavy downsizing could struggle.

—John Challenger

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Economy
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It is probably too early to break out the champagne,

—John Challenger

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