John Challenger: Microsoft to lay off 18,000. Where do we go from here?

You couldn’t miss it…it was everywhere. The headlines all read something like this:

“Microsoft lays off 18,000, including half of Nokia, in largest-ever job cuts”

John Challenger, Chief Executive Officers of Challenger, Gray and Christmas is here to help make sense of this news, including what it really means for Microsoft, for the Technology sector, and for the broader economy as a whole. And more importantly…where do we go from here?

Who is Challenger, Gray and Christmas? From their website

“Put simply, as outplacement experts, we help people make better job changes than they could on their own, leading them to more successful careers, and creating happier alumni for their former employers. Explore more about our company to learn why we are best equipped to coach your people in effective career transitions.

In all of our programs, we partner with our customers to provide customized and flexible services for all levels of employees. Our outplacement approach is highly proactive and responsive, resulting in our industry-leading landing rates. Our programs are based on a fast-start model that provides intensive, customized, individualized training, coaching, and personal support to our clients.”