Challenger, Gray & Christmas Blog

Posted 1 month 2 weeks ago


A controversial payroll tax deferral for workers implemented by the Trump administration took effect Tuesday (September 1, 2020), and could impact workers’ paychecks now and at the beginning of the year. Andy Challenger from Challenger, Gray and Christmas explains the new policy on WGN Chicago.

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Lourdes Duarte
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Posted 1 month 2 weeks ago



Job cuts announced by U.S.-based employers in August totaled 115,762, 116% higher than the August 2019 total of 53,480, according to a monthly report released Thursday by global outplacement and business and executive coaching firm Challenger, Gray & Christmas, Inc.

August’s total is 56% lower than the 262,649 job cuts announced in July. It is the highest total in August since 2002, when 118,067 job cuts were announced. So far this year, employers have announced 1,... more

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Posted 1 month 3 weeks ago

Avoid Common Resume Myths
HOW TO TELL YOUR PROFESSIONAL STORY MOST EFFECTIVELY

When it comes to resume writing, there are as many formats and styles as there are job applicants. Everyone wants a resume that impresses and spurs a conversation with a potential employer. However, job seekers often believe the myriad myths about what a good resume should include to their own detriment, according to one workplace authority.

“People hear resume myths so often, they believe... more

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Posted 2 months 2 days ago


The number of teens employed in July rose to 5,353,000, an increase of 469,000 jobs from June, according to non-seasonally adjusted data from the U.S. Bureau of Labor Statistics (BLS). That is on par with last July, when 468,000 jobs were added for teen workers.

The number of employed teens is down from last July, when 6,409,000 teens were employed, according to an analysis of non-seasonally adjusted data from the BLS by global outplacement and executive and business... more

Posted 2 months 4 days ago


Companies announced nearly 1.6 million permanent job cuts in the first half of 2020, according to tracking by global outplacement and executive and business coaching firm Challenger, Gray & Christmas, Inc. The Bureau of Labor Statistics puts the number of unemployed people at nearly 18 million. With staggering numbers like these, those who are left in the office almost certainly feel the strain of survivors’ guilt, according to one workplace authority.

“Layoff... more

Posted 2 months 1 week ago

Chief Executive Officer turnover rose to 125 in July, up 37% from the 91 exits reported in June, according to a report released Wednesday by global outplacement and business and executive coaching firm Challenger, Gray & Christmas, Inc.

The number of CEO departures is almost equal to the 124 reported in July 2019. So far this year, 788 chief executives have left their posts, 7.3% lower than the 850 CEO changes reported between January 2019 and July 2019.

CEO... more

Posted 2 months 2 weeks ago


Job cuts announced by U.S.-based employers jumped in July to 262,649, the third-largest monthly total ever behind April’s 671,129 and May’s 397,016, according to a monthly report released Thursday by global outplacement and business and executive coaching firm Challenger, Gray & Christmas, Inc.

July’s total is 54% higher than the 170,219 job cuts announced in June, and 576% higher than the July 2019 total of 38,845. Prior to the COVID-19 pandemic, the highest... more

Posted 2 months 2 weeks ago


Juggling professional and family responsibilities has always been challenging for working parents, but during the COVID-19 pandemic, it has caused some families to reach a breaking point. As companies begin to bring back employees from working at home and a new school year looms large, working parents are debating daunting issues, and employers can do a lot to ease the stress, according to one workplace authority.

“Childcare is not a new problem for working... more

Posted 2 months 2 weeks ago


Businesses are clarifying their back-to-work protocols as their employees return to the office from working at home following the COVID-19 shutdowns, according to tracking by global outplacement and executive and business coaching firm Challenger, Gray & Christmas, Inc.

An online survey conducted in June among 150 Human... more

Posted 3 months 1 day ago



The COVID-19 pandemic has forced many companies to implement remote work options for all or a large portion of their teams, and many plan to keep workers at home. In fact, a recent Challenger survey found 73% of companies plan to keep their teams working from home (WFH) post-COVID-19, with 30% of those respondents reporting they would... more

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