"The energy industry cut 20,193 jobs last month, says outplacement firm Challenger, Gray & Christmas Inc. Some 18% of North American oil and gas companies plan to freeze or cut pay in the near future, and 32% of them plan to ease up on efforts to poach talent from rivals, according to a recent survey by consulting firm Mercer LLC."
Challenger, Gray & Christmas News
"John Challenger, president and CEO of outplacement firm Challenger, Gray and Christmas, said he's seen situations in which job seekers are about to land the job they want, then “blow it” at the last moment in an interview.
'A person is about to get the job offer, and they say something that they don’t need to say, and the offer is pulled back,' he said. 'It’s... more
"Another IBM cut, however, does top the list. In July 1993, under former CEO Lou Gerstner, the company cut 60,000 jobs: a mass layoff number that has yet to be surpassed since then, according to the outplacement firm Challenger, Gray & Christmas."
"Challenger, Gray & Christmas, a company that helps laid off workers find new jobs, released a report Thursday on energy companies that have cut positions in the last two months."
"Departures of CEO from U.S. companies and non-profit organizations reached a six-year high in 2014.
Some 1,341 chief executives either vacated their posts or announced their upcoming departures, up 7.6% from 2013, according to a report by Challenger, Gray & Christmas."
"Some experts are optimistic.
'We're in the seventh inning of an expansion,' said John Challenger, CEO of placement firm Challenger, Gray & Christmas. 'This is where those people who have the hardest time finding jobs get a chance. Companies need people to do the work, the most-skilled, highest performers are taken, so they take chances.'"
Original Article: http://time.com/money/3650434/job-hunt-strategies-new-year/
"You’ll be especially attractive if you have expertise in hard-to-fill positions. More than three-quarters of human resource executives polled by Challenger Gray & Christmas report they are struggling to fill open positions, and 91% say that if the economy keeps expanding at its current rate, the war for talent will worsen."
Original Article: http://time.com/money/3599533/how-to-compete-for-an-out-of-town-job/
"Three out of four hiring managers recently surveyed by Challenger Gray & Christmas reported a shortage of local talent. So theoretically you could have better luck finding the job of your dreams if you’re willing and able to move."
"'Don’t outshine people who need the spotlight, or hold some aspect of job security in your hands,' advises John Challenger, chief executive of the worldwide outplacement firm Challenger, Gray and Christmas. 'The holiday party is a great time to build relationships. Don’t get into behaviors that might cause relationships to deteriorate or be damaged.'"
"Q. How can job seekers improve their changes that a holiday job will become permanent?
A. Once you secure the position, this is the time to mention your desire to stay after the season ends. It's critical to demonstrate that you're a valuable member of the team. Thus, you not only have to do what's asked of you (and do it well), but you also have to go above... more
In the News...
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- Here's what your bonus might look like this year - The Boston Globe
- 80% of Companies Planning Holiday Parties, Scaling Them Down - Business Today
- Many companies giving bonuses this year, favoring cash over gifts
- 4 Reasons to Kill the Office Holiday Party—and One Reason to Save It
- Companies planning holiday parties — scaled-down versions, that is
- Lehman Brothers dead, but trader keeps fight alive for $83 million bonus
- Boom to bust: Biotech is now cutting jobs
- Amazon Is Hiring a Crazy Number of Seasonal Workers