Word: recessional
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Even as these hiring professionals slog through the recession, they are increasingly optimistic about 2010. Two-thirds of companies that have imposed hiring freezes expect to lift them next year, according to a new survey conducted by global HR consulting firm Watson Wyatt. "Things have started to stabilize," says Watson...
Recruiters are likewise admitting to better vibes. "We're starting to see some of those famous green shoots," says Peter Felix, President of the Association of Executive Search Consultants. The $11 billion executive search industry took a dive in the first quarter of the year, with average net revenues tumbling...
Despite the boom in construction that took place before the global recession, there are few towers in Dubai that offer space or facilities for artists. It was precisely for this reason Sheika Lateefa al-Maktoum, daughter of the late ruler of Dubai, Sheik Maktoum bin Rashid al-Maktoum, founded Tashkeel...
It's been a grim recession for computer companies. First-quarter PC shipments were down 8.1% from last year's levels and down 14% from the prior quarter. But that's what happens in a recession. The newer data, though, says green shoots are sprouting, with important implications for business...
But many opponents see it as financial quicksand, certain the Orlando-Tampa high-speed line will end up costing much more than $2.5 billion. Still, free billions from Washington during a crippling recession are hard to pass up. Florida's bullet, as a result, may well be a train that...