Challenger, Gray & Christmas Blog

Posted 3 months 2 days ago

John Gable, of Chicago, joins global outplacement and executive coaching consultancy Challenger, Gray & Christmas, Inc. as Vice President. He will be responsible for client relationships and business development in the greater Chicago market.

Throughout his career, he has cultivated strong relationships with top Human Resources and Talent Development leaders and their teams for local, national and global customers, from Fortune 500... more

Posted 3 months 6 days ago

The rate of women taking over the top position at companies nationwide is ticking up in 2020, as calls for diversity and inclusion intensify around the country, according to a new analysis of CEO turnover data from global outplacement and business and executive coaching firm Challenger, Gray & Christmas, Inc.

Of the 591 replacement CEOs... more

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Posted 3 months 1 week ago

In a time when the public needs to stay informed more than ever, journalists are currently facing furloughs, pay cuts, and, in many cases, permanent layoffs. According to analysis from global outplacement and executive and business coaching firm Challenger, Gray & Christmas, Inc., newsrooms have announced 11,027 job cuts this year, up 169.8% from the 4,087... more

Posted 3 months 2 weeks ago





The number of jobs added for workers aged 16 to 19 soared in June to 1,129,000, the highest June total in over two decades, according to the latest employment data from the Bureau of Labor Statistics (BLS). This after 594,000 jobs were gained in May, according to an analysis of non-seasonally adjusted data from the BLS by... more
Posted 3 months 2 weeks ago

Chief Executive Officer turnover rose to 91 exits in June, up 9.6% from the 83 departures that were reported in May, according to a report released Wednesday by global outplacement and business and executive coaching firm Challenger, Gray & Christmas, Inc.
Despite the increase, June’s total is 8% lower than the 99... more

Posted 3 months 2 weeks ago

Thirty percent of employers chose to cut pay in response to the COVID-19 pandemic. Of those, more than half (55%) reported the cuts allowed them to avoid layoffs, according to a new survey released Thursday by global outplacement and executive and business coaching firm Challenger, Gray & Christmas, Inc.

The survey was... more

Posted 3 months 3 weeks ago

Job cuts announced by U.S.-based employers hit 1,238,364 in the second quarter, the highest quarterly total on record, according to a monthly report released Thursday by global outplacement and business and executive coaching firm Challenger, Gray & Christmas, Inc.

June job cuts totaled 170,219, down 57% from May’s total of 397,016, and up... more

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Posted 3 months 3 weeks ago

As the country moves into month five of the 2020 COVID recession, 39.4% of job seekers report they believe it will last ten to 12 months, 24.2% say it will last more than one year, and another 9% believe it will last roughly two years, according to a new survey released Monday from global outplacement and executive and business coaching firm Challenger... more

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Posted 4 months 22 hours ago

An outpouring of companies has publicly embraced anti-racism and reinforced the Black Lives Matter movement in the aftermath of the death of George Floyd and subsequent weeks-long national protests. According to a new survey released Tuesday by global outplacement and business and executive coaching firm Challenger, Gray & Christmas, Inc., 85.3% of... more

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Posted 4 months 1 week ago

New college grads are entering the job market during a confirmed recession, according to the National Bureau of Economic Research, as the unemployment rate for the nation hit 13.3% in May. Looking at past recessions, this does not bode well for these workers’ overall career trajectories in terms of average wages and available jobs, according to one workplace... more

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