WHAT'S THE HIRING OUTLOOK IN YOUR SHOP?
The industry is starting to feel the pinch of recession,it would seem, based on last week's Quick Poll. Some 53% saidthey're retracting their fangs and holding steady on hiring while12% actually plan to cut back on their staff numbers. Only 35% aredaring to beef up. Commentator Anthony J. LoPinto, CEO of New YorkCity-based Equinox Partners, has his own, somewhat contrarian, takeon the dynamics at work:
"This year is going to be a year of fairly steady organizationalactivity. By that I mean organizations will go through changes andpeople will leave and people will be rehired. At that level it willbe business as usual.
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John Salustri
John Salustri has covered the commercial real estate industry for nearly 25 years. He was the founding editor of GlobeSt.com, and is a four-time recipient of the Excellence in Journalism award from the National Association of Real Estate Editors.
