The pace of chief executive officer departures jumped in June, as 95 CEOs left their posts last month. That is an 18.7 percent increase from the 80 exits in May, and 2 percent fewer than the 97 CEOs who left their posts during the same month last year, according to a report released Wednesday by global outplacement consultancy and executive coaching firm... more
Challenger, Gray & Christmas Blog
Employers announced plans to cut payrolls by 31,105 jobs in June, the lowest monthly total of the year according to a report released Thursday by global outplacement consultancy Challenger, Gray & Christmas, Inc.
The June job-cut total is 6 percent lower than the 33,092... more
Attracting and retaining top talent is necessary to build effective teams that are strong, motivated, and a great cultural fit for the company. Employees want to be rewarded for their work, and employers have started to look beyond traditional hiring bonuses and benefits as a means of making sure employees feel valued, according to one workplace authority.
With the all-day barrage of text messages, emails, meeting requests, and phone calls, making any kind of decision or developing a long-term strategy can seem impossible. As technology is integrated more and more into everyday life, employers and employees might find it harder to effectively manage time and complete key projects.
The number of teenagers finding jobs in May declined for the third consecutive year, as a growing number of this population either struggles to find summer employment or simply abandons the traditional labor force.
Employment among 16- to 19-year-olds increased by 146,000 in May, according to an analysis of the latest Bureau of Labor Statistics data by global outplacement and... more
As increasingly more social media platforms become popular, job seekers continue to expand their online footprints, creating and building multiple profiles. Now, the overwhelming majority of job recruiters are turning to the internet as a means of ensuring that potential job candidates are a good fit for their companies, according to a new survey released by global outplacement and... more
Turnover among the nation’s chief executive officers fell to the lowest monthly total in over six years as 80 CEOs left their posts last month. That is down 12 percent from April when 91 CEO departures were recorded, according to a report released Wednesday by global outplacement and executive coaching firm Challenger, Gray & Christmas, Inc.
The impact of prescription drug abuse that was touted as a major crisis during the presidential campaign and continues to devastate American families has been measured in the workplace, according a survey by the National Safety Council. The cost of losing valued employees to a drug dependency is substantial, not only to the company, but also to society at large, according to one... more
** CORRECTION: We have updated the Ford Motor Company number and reduced the company’s layoff announcement from 20,000 to 1,400. Ford has reached out and informed us that the 20,000 number was incorrectly reported several weeks ago. Many major media outlets reported the 20,000 number. The announcement now listed in our report is for a voluntary separation program for ten percent of... more