Challenger, Gray & Christmas News

Posted 3 days 18 hours ago

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“Those who work in essential positions are no doubt feeling heightening anxiety as the outbreak continues,'' says Andrew Challenger, vice president of outplacement firm Challenger, Gray & Christmas Inc. "Companies are changing shifts so that fewer people are working together. Some companies are offering higher pay to their teams who have to go to work during the outbreak.”

Posted 3 weeks 4 days ago

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“I’m not sure if companies are prepared,” said Andrew Challenger, vice president at outplacement firm firm Challenger, Gray & Christmas, which works with companies on a variety of labor issues, including executive coaching, downsizings and career transition services.

Challenger said the situation already playing out in China, where workers in certain areas have not been able to do their jobs for weeks, raises the issue of private enterprise... more

Posted 2 months 1 day ago

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"Mining and manufacturing also struggled. Industrial goods and automobile manufacturers were the hardest hit, in part because of the trade war, said Andy Challenger, a vice president at Challenger, Gray & Christmas, an outplacement firm that tracks layoff announcements."

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Posted 3 months 2 weeks ago

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Posted 6 months 1 day ago

WATCH: VP Andrew Challenger discusses increased turnover for CEOs and reasons companies are making changes on CNBC The Exchange.

Posted 11 months 1 week ago

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“Companies in almost all sectors are struggling to find talent,” Andrew Challenger, vice president of Challenger, Gray & Christmas, in a statement.

Posted 1 year 2 months ago

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“Glassdoor is the most dominant company reviews website by far,” said Andrew Challenger, vice president of outplacement firm Challenger, Gray & Christmas. He said low ratings can discourage applicants, “particularly at a time like right now, with unemployment at historically low levels when companies are fighting to retain and attract good people.” Great piece on how employers may be manipulating Glassdoor via The Wall... more

Posted 1 year 7 months ago

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"The share of job seekers relocating has fallen dramatically since the late 1980s, when more than a third moved to take new opportunities elsewhere, according to surveys from outplacement firm Challenger, Gray & Christmas Inc. In the 1990s, job-related moves ebbed and flowed at between 20% and 35% of the labor force, then fell below 20% after 2000. About 10% of job seekers relocated in the first half of this year, Challenger said."

By Rachel Feintzeig and... more

Posted 1 year 9 months ago

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“It used to be that you’d have lifetime employment with one employer, and that you’d never really have breaks,” said John Challenger, the chief executive at Challenger, Gray & Christmas, an executive-outplacement firm. “Now we’re seeing plenty of people who decide to take advantage of the natural gaps that occur in one’s work history.”

Data suggests that job-hopping behavior may be generational; according to LinkedIn, in 2016, millennials switched jobs 2.2 times more than... more

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