Job cuts announced by U.S.-based employers fell 16.4% from January’s total of 67,735 to 56,660 in February. Despite widespread concern, COVID-19 has not yet caused companies to cut positions, according to a report released Thursday from global outplacement and business and executive coaching firm Challenger, Gray & Christmas, Inc.
Last month’s total is 26.3% lower than the 76,835 cuts announced in the same month last year. Through... more
Our David Pinette hosted the Human Resources Executive Alliance Dinner With Your Peers event at the Estia Restaurant in Philadelphia. We're so grateful to our TeamChallenger members who continue to create opportunities to help HR professionals connect and expand their networks. Thanks to all who attended!
Chief Executive Officer turnover surged 37%, from the 160 who left their posts in December to 219 to begin the year. Last month’s total is 27% higher than the previous monthly record of 172 in October 2019, according to a report released Wednesday by global outplacement and business and executive coaching... more
The most recent data from the Centers for Disease Control and Prevention (CDC) predicts 22 million people of all ages nationwide have tested positive for one of the known types of influenza viruses in the 2019-2020 season. High instances of influenza-like illnesses (ILI) occurred in 45 states and Puerto Rico. While it is difficult for the CDC to predict flu severity, Challenger... more
Job cuts announced by U.S.-based employers jumped 106%, from December’s total of 32,843 to 67,735, the highest monthly total since February 2019, according to a report released Thursday from global outplacement and business and executive coaching firm Challenger, Gray & Christmas, Inc.
Last month’s total is 27.8% higher than the 52,988 cuts announced in... more
With the Kansas City Chiefs facing the San Francisco 49ers in the Super Bowl this weekend, the impact of one of America’s favorite pastimes on productivity will certainly be felt in the office come Monday, according to an estimate from global outplacement and executive coaching firm Challenger, Gray & Christmas, Inc.
Challenger estimates this year’s Super Bowl could cost... more
Heather Linz, of Detroit, joins global outplacement and executive coaching consultancy Challenger, Gray & Christmas, Inc. as Regional Director. She will be responsible for client relationships and business development in the Greater Detroit area.
Heather has spent her entire career working in the staffing and recruiting business in North Carolina and Michigan, the last... more
Mary Stager, regional director and current board member and Director of Programs and Professional Development for Southern CT SHRM, and our Executive Adviser Manuel N. Sousa, ACC moderated a fantastic panel discussion with Alicia Black, Paul Gennaro, and Robert A. Reitknecht on employee experience... more
Just over 51% of companies plan to hire this year, according to a survey conducted by global outplacement and executive coaching firm Challenger, Gray & Christmas, Inc. That’s compared to nearly 55% of companies that reported they would be hiring in 2019 in the same survey conducted at the end of 2018.
Meanwhile, nearly double the companies... more
In a year with the highest CEO turnover on record, women saw fewer gains in 2019 than in 2018, according to an analysis of CEO turnover data from global outplacement and business and executive coaching firm Challenger, Gray & Christmas, Inc.
Last year, 1,640 chief executives left their posts. Of those, Challenger tracked 1,422 replacement CEOs, 308 (21.7%) of whom were women... more