John Challenger Quotes

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

Tags

Activity | Condensing | Duplicate | Headquarters | Banks |

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The economy may be rolling over again. - 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. - John Challenger

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