Challenger, Gray & Christmas Blog

Posted 2 months 3 weeks ago

If you’re reading my articles, hopefully, you also occasionally watch the CEO of Challenger, Gray & Christmas, John Challenger, speak on news outlets about career and market trends. If so, perhaps you’ve also noticed how he separates the promotion of our business from those discussions. I’ve always respected him for that.

Because of his modesty, I feel it’s paramount to discuss why outplacement matters... more

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Posted 2 months 4 weeks ago

Perhaps seizing on a tax bill favorable to business, as well as a stable economy and tight labor market, job seekers chose to start new businesses in the first quarter of the year at the highest rate since the fourth quarter of 2013, according to a report from global outplacement and executive coaching firm Challenger, Gray & Christmas, Inc.

An average of 7.99 percent of job seekers... more

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Posted 3 months 3 days ago

It was a year full of surprises and upsets. Congrats to this year's winners of the Challenger NCAA March Madness Pool! From left: John Wirkes, Don Cannon, and John Challenger!

Read about why employers should embrace the Madness

Challenger's Reports on... more

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Posted 3 months 5 days ago


A recession is coming. We cannot deny it or wish it away, regardless of our politics. A market correction from the unprecedented peaks we’ve seen is due. Our SVP Cindi Cervone Carlson explains how to prepare for the next recession

Some of you are still traumatized by the 2008 downturn - and rightfully so. The good news is that the next correction will likely be less drastic. The bad news is that it may... more

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Posted 3 months 1 week ago

Although the 96 Chief Executive Officers who left their posts at U.S.-based companies in March was a 15 percent drop from the 113 CEO exits in February, this is the highest quarterly total since the third quarter of 2014, when 348 CEO changes were recorded, according to a report released Wednesday by global outplacement consultancy and executive coaching firm Challenger... more

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Posted 3 months 2 weeks ago

Job cuts announced by U.S.-based employers surged in March to 60,357, a 71 percent increase from the 35,369 cuts announced in February. Last month’s total is the highest monthly total since April 2016, when 64,141 job cuts were announced, according to a report released Thursday by global outplacement and executive coaching firm Challenger, Gray & Christmas, Inc... more

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Posted 3 months 2 weeks ago

Our SVP Calvin Colbert has been named person of the year at Notre Dame Club of Dallas. Calvin first became involved with the club in Dallas in 2002 and has since volunteered for ND Networks for the Notre Dame Club of Dallas, acts as a board director of the Dallas Breakfast Group, an Advisory Board Member for St. Rita Catholic School, a volunteer for Meals on Wheels, and a member of... more

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Posted 3 months 2 weeks ago

With a tight labor market and skills shortages impacting a number of industries, the nation’s employers are sure to embrace the nearly 3 million students who will graduate with bachelor’s or associate’s degrees this May. The issue will be whether college grads have the requisite skills for the jobs available, according to the annual College Grad... more

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Posted 3 months 3 weeks ago

On the heels of #DeleteFacebook and the Cambridge Analytica scandal, Internet and social media users are demanding companies that collect and store personal information prioritize data privacy. Meanwhile, in the EU, major privacy legislation, called General Data Protection Regulation (GDPR), is set to take effect in May. Smart companies have no choice but to take action to protect user data, especially if they... more

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Posted 4 months 2 days ago

In light of the revelation that marketing firm Cambridge Analytica, used by President Trump’s campaign, mined and utilized Facebook user data to influence voters in the 2016 Presidential Election, stock of the tech giant fell 7 percent on Monday, and continues to fall. Meanwhile, the hashtag #DeleteFacebook has begun to trend on Twitter, prompting users to completely delete their accounts and the data... more

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