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Byline: Suz Redfearn
When the economy worsens, most firms suffer. But not Right Management Consultants Inc.
That's because when layoffs become necessary at other companies, they call Right to help with the process.
The company's appropriately named "career transition" division helps clients select which employees to cut. It then assists in the layoff process, and helps the axed learn how to market themselves to other employers.
"We're able to take advantage of fairly tumultuous times globally," said Richard Pinola, Right's chairman and chief executive.
They Are The World
Right has 200 offices around the world, on every populated continent except Africa. So when the economy improves at home, Right can take advantage of souring economies elsewhere, says analyst R. Bentley Offutt of Offutt Securities Inc.