U.S.-based employers ramped up the pace of downsizing in August, as companies announced plans to cut 53,480 jobs from their payrolls. This is up 37.7% from July’s total of 38,845, according to the latest report on job cuts released Thursday from global outplacement and business and executive coaching firm Challenger, Gray & Christmas, Inc.
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Despite some indicators pointing to a potential downturn, such as the slowdown in manufacturing and automotive, lower business investment, and waning market confidence, the labor market remains tight and companies everywhere are looking to attract and hire talent. This Labor Day, job seekers would be wise to map out a way to update their skills to align with the current skills shortage,... more
Job seekers have a lot of tools at their disposal to learn about companies, professionals, and industries. Colleen Madden Blumenfeld and Ashley Parker, two of Challenger's ace business researchers, discuss best practices for job seekers before going... more
Our SVP Pete Tzavalas and his partners Andrew Agress, Bolton, Devin Hornick, Kore1 & Tom Koch, Kingsley Gate Partners hosted their annual harbor cruise with the Top HR Leaders in Orange County. Fun, fellowship, and networking was had by all. Thanks to all who attended!
Our SVP David Pinette and the HR Executive Alliance hosted a night at YARDS Brewery in Philadelphia! Thanks to all the amazing HR professionals who came out to celebrate, connect, network, and enjoy great food and beer!
Our VP Andrew Johnson co-hosted an incredible night of great content, connections and the human resource community coming together at the Silicon Valley HR Network. CHRO Suzanne Rudnitzki, of Smarsh, gave tips and tools on the topic of change management. A special thanks to Marco Rosa for... more
This week, Cindi Cervone Carlson's Challenger Executive HR Group and Pam Taylor's Challenger HR Alliance came together for their the Annual Summer HR Networking Event! Top HR professionals from around the Chicago met at III Forks to network, mingle, share best practices, and most importantly, have... more
After watching the 1964 Twilight Zone Episode, The Brain Center at Whipple's, Colleen Madden Blumenfeld sat down with EVP Rick Cobb to discuss the rise of automation, inherent bias in AI, what it all means for both workers and companies, and why... more
Turnover in the top position surged by 25% in July, as employers at U.S.-based companies announced 124 chief executive officer changes, according to a report released Wednesday by global outplacement and business and executive coaching firm Challenger, Gray & Christmas, Inc.
Last month’s total was 32% higher than the 94 CEO exits announced in the same month last... more