Help wanted: Challenger, Gray & Christmas, an employment...

File Cabinet

December 21, 1997

Help wanted: Challenger, Gray & Christmas, an employment firm, says the increasingly tight labor market is prodding companies to become more innovative in finding qualified staff. Southwest Airlines, for example, has flight attendants asking passengers to submit to the airline the resumes of qualified high-tech workers.

Buying growth: Many fast-growing companies are achieving their bTC goals through expansion, reports the management consultants Coopers & Lybrand. Twenty-four percent of fast-growth companies have bought at least one other business, and 48 percent are planning an acquisition, Coopers & Lybrand says. Buying an existing firm means a company doesn't have to start from scratch -- it already has a customer base and doesn't have to incur research and development costs.

Pub Date: 12/21/97

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