"You are 25 percent more likely to lose a job after Labor Day [Sept. 1] than in the preceding eight months," Challenger tells CNN. "The reasons: Employers are finalizing budgets and business plans for 2004, and payroll levels are heavily impacted by both."
Even with that spectre looming over us, Headcount wishes you and yours a happy Labor Day, and all that implies. Now, before you pack up your desk, let's swim through the most interesting hirings, firings, and other telecom employment news of the past couple of weeks:
We also know that Turkatte's background includes stints as VP of marketing at Iolon Inc. and VP of marketing and business development at SpectraSwitch Inc.. We also hear that she's out seeking funding for a new startup, and that she has represented herself as the president and CEO of Cindana Inc. Her Website, however, has no further information – just the promise that something is coming in August 2003. Well, Cindana, you've got less than a week left in August. Time to put up or... change your Website.
Here's a summary of other industry appointments (and disappointments) from the past several days:
- JDSU Launches Regime Change
- Riverstone's Got a New Chief
- Ipsum Networks Names CFO
- Ixia Hires Alcatel Marketing VP
- MCI Names Prez/COO
- ADC CEO Jumps Ship to MCI
- Lucent Reorgs Global Sales
- Is TeraConnect Wrecked?
- Nortel Beefs Up Offshore Development
- Opto Speed in Trouble
- Corona Networks Disappears
— Phil Harvey and Craig Matsumoto, Senior Editors, Light Reading