Word: downturn
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...larger factor, however, is that hiring companies see the market's downturn both as short-term and as only a part of a larger-successful-economy...
Although he is still hiring, he says he doesn't blame companies who are taking the market downturn seriously and are in a hiring freeze...
Smaller firms are looking for the company's future leadership, and hiring is a long-term commitment, which makes adjusting to a downturn more difficult...
...particularly among smaller companies. For example, the Russell 2000 Index of small-capitalization stocks has fallen nearly 5% since January. Investors have been seeing these declines for some months in their brokerage statements. So as they survey the carnage, a question naturally arises: What impact could last week's downturn have on my job, my family and the price of the things...
...burden of too much business, however, may not be with Boeing long. Asia's financial crash has caused carriers across the Pacific Rim to cancel or delay billions of dollars' worth of aircraft orders. Boeing, which plans to build 550 jetliners in 1998, says the downturn may cost it some 90 deliveries--which could carry a value of $10 billion--over the next five years. In Europe, Boeing rival Airbus Industrie, pushing for a 50% share of the world's $65 billion-a-year jetliner market, is wooing long-standing Boeing customers and has been bargaining hard...