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Outplacement biz booms as companies help laid-off staff find jobs

Amid layoffs in the technology and startups space, outplacement firms are booming. They assist companies in helping affected employees find new work and provide services like interview preparation, resume crafting, and offer negotiation.

Retrenchment gains: Outplacement firms rake it in as companies try to soften layoff blows

IT companies and startups that have had to resort to layoffs are paying outplacement services firms ₹40,000 to ₹2 lakh per employee to ensure a smooth sendoff

Detailed text transcripts for TV channel - CNN - 20110401:15:30:00

gaining momentum. this is a big boom over the past year, temporary workers. companies instead of adding permanent workers, testing the waters on the economy and adding temporary workers and a lot of people in the outplacement firms tell me the head hunters and the like tell me many of the temporary jobs turning into permanent jobs and losing jobs in the local governments. state budgets have been really tough so government workers have been losing their jobs and that continues there. one last point i want to make, suzanne, something i think that your white house beat you know very well. that group of people who have been out of work for a very long time, they re now out of work on average 39 weeks. that becomes a political problem. when you have so many people out of work for such a long time, they re starting to really, you know, shake things up and say, what are you doing about this? we re starting to seen employment benefits cut back in the states. what to do about a really big gro

Detailed text transcripts for TV channel - CNN - 20101106:13:47:15

Detailed text transcripts for TV channel - CNN - 20101106:13:47:15
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