Challenger, Gray & Christmas Blog

Posted 5 days 17 hours ago

Retailers across the nation are struggling to adapt to consumer demand and new technologies, leading to massive job cuts and thousands of announced store closures. The retail landscape is likely to evolve even further, as tools like virtual reality enter the shopping experience, according to one workplace authority.

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Posted 1 week 17 hours ago

Teen hiring exploded in June after a below-average May, as 1,023,000 workers aged 16 to 19 landed positions, according to the latest analysis by global outplacement and executive coaching firm Challenger, Gray & Christmas, Inc.

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Posted 1 week 4 days ago

Last month’s prominent resignation of Uber CEO Travis Kalanick brought corporate culture and executive scandal once more to the forefront. Despite a handful of newsworthy items, the number of scandal-ridden CEOs who have left their posts seems to be declining, according to data collected by global outplacement and executive coaching firm Challenger, Gray & Christmas, Inc.

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Posted 1 week 5 days ago

The pace of chief executive officer departures jumped in June, as 95 CEOs left their posts last month. That is an 18.7 percent increase from the 80 exits in May, and 2 percent fewer than the 97 CEOs who left their posts during the same month last year, according to a report released Wednesday by global outplacement consultancy and executive coaching firm... more

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Posted 2 weeks 5 days ago



JOB CUTS FALL 28 PERCENT IN FIRST HALF OF YEAR

Employers announced plans to cut payrolls by 31,105 jobs in June, the lowest monthly total of the year according to a report released Thursday by global outplacement consultancy Challenger, Gray & Christmas, Inc.

The June job-cut total is 6 percent lower than the 33,092... more

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Posted 3 weeks 6 days ago

Attracting and retaining top talent is necessary to build effective teams that are strong, motivated, and a great cultural fit for the company. Employees want to be rewarded for their work, and employers have started to look beyond traditional hiring bonuses and benefits as a means of making sure employees feel valued, according to one workplace authority.

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Posted 1 month 2 days ago

With the all-day barrage of text messages, emails, meeting requests, and phone calls, making any kind of decision or developing a long-term strategy can seem impossible. As technology is integrated more and more into everyday life, employers and employees might find it harder to effectively manage time and complete key projects.

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Posted 1 month 1 week ago

The number of teenagers finding jobs in May declined for the third consecutive year, as a growing number of this population either struggles to find summer employment or simply abandons the traditional labor force.
Employment among 16- to 19-year-olds increased by 146,000 in May, according to an analysis of the latest Bureau of Labor Statistics data by global outplacement and... more

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Posted 1 month 1 week ago

As increasingly more social media platforms become popular, job seekers continue to expand their online footprints, creating and building multiple profiles. Now, the overwhelming majority of job recruiters are turning to the internet as a means of ensuring that potential job candidates are a good fit for their companies, according to a new survey released by global outplacement and... more

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Posted 1 month 1 week ago

Created by SVP Cindi Cervone Carlson and VP Pamela Marshall Taylor, Challenger University prepares students and/or new grads to enter and ultimately succeed in the workforce. By arming them with the skills and guidance necessary to tackle the real world by storm, we prepare them for the... more

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