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02 Oct September Job Cuts Fall 37% From August; YTD Total Highest Since 2020, Lowest YTD Hiring Since 2009

Posted at 06:30h in The Challenger Report
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U.S. employers announced 54,064 job cuts in September, a 37% decline from August and down 26% from last year. Still, 2025 YTD cuts reached 946,426, the highest since 2020. Hiring plans are the weakest since 2009....

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04 Sep Pharma and Finance Lead as August 2025 Job Cuts Rise 39% to 85,979

Posted at 06:30h in The Challenger Report
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U.S. employers announced 85,979 job cuts in August 2025, up 39% from July. Pharma, finance, and retail drive layoffs amid economic uncertainty, AI restructuring, and government cuts, according to the Challenger Report....

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01 Apr CEO Turnover Nearly Matches Monthly Record; 247 CEO Exits in February 2025

Posted at 15:40h in CEO Turnover Report
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Published April 1, 2025 The number of CEO changes at U.S. companies rose 11% from 222 in January to 247 in February, the second-highest total for any month since Challenger began tracking CEO changes in 2002. It is virtually the same as the 248 CEO exits...

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03 Oct Job Cuts Flat in September 2024 from August; YTD Surpasses 2023

Posted at 06:30h in The Challenger Report
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Published October 3, 2024 U.S.-based employers announced 72,821 cuts in September, a 4% decrease from the 75,891 cuts announced one month prior. It is up 53% from the 47,457 cuts announced in the same month in 2023, according to a report released Thursday from global outplacement...

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04 Jan December 2023 Challenger Report: Job Cuts Fall To Second-Lowest Monthly Total of the Year; Job Cuts Steady As Hiring Plummets

Posted at 06:30h in The Challenger Report
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Published January 4, 2024 U.S.-based employers announced 34,817 cuts in December, down 24% from the 45,510 cuts announced in November, and the second-lowest monthly total in 2023 after the 23,697 job cuts announced in July. It is down 20% from the 43,651 cuts announced in the...

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07 Dec Job Cuts Jump in November 2023 From October; Second Time This Year Cuts Lower Than Same Month Year Ago

Posted at 06:30h in The Challenger Report
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Published December 7, 2023 U.S.-based employers announced 45,510 cuts in November, a 24% increase from the 36,836 cuts announced one month prior. It is 41% lower than the 76,835 cuts announced in the same month in 2022, and marks the first time cuts were lower than...

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