In the Economy section of the New York Times on-line, Catherine Rampell quoted Nigel Gault, chief United States economist at IHS Global Insight, as saying “There really isn’t any hiding place for companies anymore. The recent numbers coming in from the rest of the world are disastrous.”
The Comfort Zone with regard to careers, if ever there was one, is gone. When an announced seventy thousand jobs disappear in one day (knowing full well that the reality in these cases usually exceeds the announced numbers) on top of the jobs that have already slid into the ocean like so many melting glaciers, one cannot contemplate one's resume and feel reassured that what attracted offers a few years ago will have any allure for CEOs making hiring decisions in a time when the battle cry is "Abandon ship!"
It is a sad, but unavoidable, fact that many management-level executives aren't going to make it through their next job transition. No reflection on the quality of their skills and abilities, they've merely chosen to remain anonymous to their market--the CEOs in their sector--because it's easier to send out resumes and deal with hiring managers and head hunters rather than to confront the top brass. For many, it is uncomfortable to become known at that level of play.
If one isn't better known in the sector than the CEO who might tender an offer, the offer is likely never to come.
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