John Challenger Leading Quotations

Merger/acquisition activity was the second leading cause of job cuts (in January), behind cost-cutting. It will continue to be among the top job-cut reasons this year as an improving economy and increased competition force industry consolidation.

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.

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.