Challenger, Gray & Christmas Blog

Posted 8 months 2 weeks ago

The aggressive strain of flu currently making its way across the country is producing similar activity as when nearly 40 million people were sickened in the 2014-2015 season, according to the CDC. Considering this new information, this flu season could cost at least $15.4 billion in lost productivity, according to an updated estimate from global outplacement and executive coaching firm... more

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Posted 8 months 2 weeks ago

The nation’s employers announced plans to cut 44,653 jobs in January, 37.7 percent more than the 32,423 cuts announced in December, according to a report released Thursday by global outplacement consultancy Challenger, Gray & Christmas, Inc.

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Posted 8 months 2 weeks ago

Recent calls for a holiday the day after the Super Bowl will not be silenced this year, as over 111 million Americans plan to watch the matchup between the Philadelphia Eagles and the New England Patriots. If the same number of workers expect to take the Monday after the Super Bowl off work this year as last year, it could cost employers over $3 billion in lost... more

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Posted 8 months 3 weeks ago

Our SVP David Pinette's partnership,The Human Resources Executive Alliance, sponsored a Roundtable Meeting hosted by FS Investments on Wednesday, January 24. With discussions facilitated by Ania Mikson, CHRO at FS and Lysa Dahlin, SVP, HR , topics included change management, sexual... more

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Posted 9 months 23 hours ago

The rate of women taking over the role of Chief Executive Officer in 2017 remained virtually unchanged from 2016 at 18 percent, according to a report released by global outplacement consultancy Challenger, Gray & Christmas, Inc.

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Posted 9 months 5 days ago

The aggressive strain of flu currently making its way across the country is prompting experts to issue warnings to reduce the spread of infections. One such warning is to stay out of the workplace during an illness. While this is excellent advice workers should follow, it is likely to lead to millions of lost workdays and billions of dollars in lost... more

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Posted 9 months 1 week ago

Retail employment dropped 88 percent from November’s total of 462,700 to 53,900 in December, the lowest December total on record, according to an analysis of non-seasonally adjusted Bureau of Labor Statistics data by global outplacement and executive coaching firm Challenger, Gray & Christmas, Inc.

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Posted 9 months 1 week ago

The number of Chief Executive Officer changes at U.S.-based companies rose slightly from the 94 CEO exits announced in November, as a total of 95 CEOs left their posts in December. This brings the year-end total to 1,160 exits, the lowest annual total since 2004, when 663 CEO changes were announced, according to a report released Wednesday by global... more

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Posted 9 months 2 weeks ago

U.S.-based employers announced 32,423 job cuts in the last month of the year, bringing the year-end total to 418,770. That is the lowest annual total since 1990*, when 316,047 cuts were recorded, according to a report released Thursday by global outplacement consultancy Challenger, Gray & Christmas, Inc.

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Posted 9 months 2 weeks ago

At the close of 2017, many who were subject to sexual harassment and/or assault have been empowered by the #MeToo movement to name their abusers. This has had a powerful impact not only culturally, but also in the workplace, where 71 percent of this alleged abuse occurred, according to a new analysis of news reports of sexual misconduct conducted by global outplacement and executive coaching firm... more

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