MOST OF US IN THE WORKPLACE, especially those eligible to be invited to join AARP, are bombarded with advice on how to prepare for retirement. Nearly every financial adviser we read tells us that we need a nest egg of at least $1 million...
The accelerating pace of corporate scandals is taking its toll on the executive suite, and a total of 193 chief executives lost their job in the second quarter, a 9 percent increase from the 181 who quit or were shoved out during the first three mo ...
NEW YORK -- With the downside of being a public company becoming abundantly clear--as ceo's and balance sheets increasingly come under the microscope of Wall Street, the government and anxious, angry investors--expect a stampede of small to mid-siz NEW YORK -- With the downside...
Who will be the winners and who will be the losers when the economy brightens? "When the recovery begins to build momentum, overcoming economic uncertainty currently being demonstrated by some companies will give them an advantage over their Who will be the...
With widespread job cuts expected to continue through the first months of the year, Chicago-based workplace specialist Challenger, Gray & Christmas, an international outplacement company, said it sees no ... With widespread job cuts expected to continue through the first months of the...
The unemployment situation is worse than most people realize, says John Challenger, president of the outplacement firm of Challenger, Gray & Christmas. The official unemployment rate of 6 percent does not include 4.4 million Americans who are une The unemployment situation is worse than most people...
Employers in November announced plans to reduce their workforces by 104,530, the third consecutive month in which planned job cuts surpassed 100,000, says outplacement firm Challenger Gray & Christmas. "This is the first time that job cuts h Employers in November announced plans to reduce their...
The pace of corporate down-sizing slowed for a second straight month in December, as the nation's big employers announced plans to lay off 92,917 workers, down more than 41 percent from the 157,508 job cuts announced in November. In its month...
Companies that will prosper after the economy begins to brighten are finding ways to retain their workforce rather than cutting staff and hoping to rehire when the economy revives, says John Challenger, president of Challenger, Gray & Christmas. Companies that will prosper after the economy...
* 1.4 million layoffs so far this year CHICAGO -- With the U.S. economy under unrelenting pressure, and corporations cutting costs by slashing jobs, almost a quarter-million layoffs were announced in September alone, according to Challenger, G * 1.4...
In one hopeful sign that the economy is starting to turn, job cuts in September were at their lowest level in almost two years, according to Challenger, Gray & Christmas, an international outplacement company that tracks job cut announcements. In one hopeful sign...
Dot.com layoffs in August dropped to their lowest levels in a year, a sign that the downturn in the Internet sector may have hit bottom, according to the latest survey by Chicago-based outplacement firm Challenger Gray & Christmas Inc. Nationw Dot.com layoffs in...
Merely hanging a "Help Wanted" sign in the window just won't cut it anymore. With the Chicago area at nearly full employment, many local businesses are being forced to go to unusual lengths to fill job openings. In fact, some are beginni Merely...
NEW YORK -- In one more sign of a sputtering U.S. economy, job-cut announcements in February climbed above 100,000 -- the third straight month of such numbers -- as U.S. employers, anxious to cut costs and boost lagging profitability, said they pla NEW YORK...
Varied job duties as important as benefits, paycheck Kathleen Ineman says that it seems like just yesterday that the nation was in a recession, jobs were scarce and competition for them was fierce - particularly among corporate communications companiesVaried job duties as important as benefits, paycheck ...
A wave of corporate layoffs continues to roil the U.S. economy -- taking a major toll on consumer confidence and retail sales -- and is smashing all records for the number of people put out of work, reports Challenger, Gray & Christmas, the int ...
When Jennifer Bending joined the legions of laid-off dot.com managers in January, she wasn't sure where she wanted to go, but she knew where she didn't want to go. ``No more dot.coms, and no more startups,'' says the 27-year-old former marketing a When...
Job layoff rate climbs to record-high level in March Climbing at a rate of 7,555 per business day, announced job layoffs climbed in March to an unprecedented level of 162,867, according to Challenger, Gray & Christmas, an international out ...
Ending three straight monthly drops in the pace of job cuts announced by U.S. companies, the pace of layoffs jumped up by almost a third in January, climbing 32 percent above December's level, to a total of 212,704 work force reductions. ...
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