As Coronavirus Threatens Jobs, This Wayne-Based CEO’s Phone Won’t Stop Ringing

By

AchieveNext CEO Nick Araco Jr.

AchieveNext, the Wayne-based career and corporate services firm, is busier than ever as the coronavirus crisis continues to cause layoffs, leaving a growing number of people either without a job or fearing for their positions, writes Jeff Blumenthal for the Philadelphia Business Journal.

Nick Araco Jr., the firm’s CEO, said his phone has been ringing five to ten times more than normal in the last week.

One group of callers represents company executives who are seeking advice on how to communicate a reduction in force to employees amidst the COVID-19 outbreak. The other main group is comprised of individual executives who are in the process of evaluating their career opportunities.

“These are people in the executive level who are perhaps seeing the handwriting on the wall and are trying to get out ahead in anticipation of possibly losing their jobs,” said Araco. “We are talking about people as high up as the c-suite level.”

He said that most inquiries are coming from operations, HR, and finance.

Meanwhile, “others are using the freedom of remote working arrangements to sit for job interviews via video chat,” said Araco.

Read more about AchieveNext in the Philadelphia Business Journal here.

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