Challenger, Gray & Christmas News

Posted 7 years 2 months ago

Original Article: Don't Ignore These Five Signs of Impending Layoffs

"It's true that when you watch your co-workers get pink-slipped one after the other, it takes a huge hit to your confidence and career security. [But] it does not necessarily mean you're next, especially if you can demonstrate to your company you understand their goals and are working hard to meet them."... more

Posted 7 years 2 months ago

Original Article: When Stress Takes Over, Employee Burnout Can Set In

John Challenger, CEO of workplace consulting company Challenger, Gray & Christmas, diagnoses burnout. He tells NPR's Jacki Lyden stress can manifest emotionally, mentally or physically. "It can be combined with doubts about your confidence or the value of the work you do," he says.

Posted 7 years 3 months ago

Original Article: How Students Can Improve Their Chances of Getting a Job

This summer hasn’t been an especially productive one for working teenagers. After a strong start in May, teen employment faltered, and total employment gains through the end of July ended up 3% lower than last summer, according to an analysis of government data by Challenger, Gray & Christmas, a global outplacement firm. Overall, reports Challenger, only 43% of 16- to-19-year-olds were... more

Posted 7 years 3 months ago

Original Article: Armstrong's Behavior Another Red Flag For AOL

(MoneyWatch) Tim Armstrong, CEO of AOL, shot himself in the foot by apparently firing a worker in the midst of a conference call -- no matter how justified the firing.

"Maybe it was a last straw for two people who were already at odds," says John Challenger, president of outplacement consulting firm Challenger, Gray & Christmas. "We don't know the history. But the way he did this has to... more

Posted 7 years 3 months ago

Original Article: Six College Courses That Help Grads Land Jobs

"If you're someone who's focused on harder kinds of sciences or math, courses and activities that give social skills, that encourage teamwork and that help build creativity and develop creativity are really valuable," said John Challenger, CEO of outplacement consulting firm Challenger Gray & Christmas. But students of any major can benefit. Employers like to see evidence that candidates can work well with others and can demonstrate leadership ability,"... more

Posted 7 years 9 months ago

Original article: Where the Summer Job Market Is Heating Up

The summer job market is upon us, and the good news is that there are likely to be more openings. The most recent annual summer jobs survey by outplacement firm Challenger, Gray & Christmas found that even after a sharp increase in teen employment last summer, more openings are likely this year.

A second survey, by, an hourly employment network, found that 19 percent of the hiring managers who responded plan to hire summer help, up from 9... more

Posted 7 years 9 months ago

Original article: Resume-Padding Can Be Hard to Resist

According to John Challenger, chief executive officer of the consulting firm Challenger, Gray & Christmas—which advises out-of-work professionals seeking new employment—there’s no difference between high-level coaches and high-level corporate executives fibbing on their résumés. It’s quite common in both fields, because hypercompetitive people will do anything to jump-... more

Posted 7 years 9 months ago

Original Article: Defense Spending Cuts Lowering Job Gains

Defense and aerospace contractors announced about 2,000 layoffs in April as a result of the budget cuts, outplacement firm Challenger Gray & Christmas said Thursday. That's double the number of such layoffs announced in March.

The announced layoffs are just a portion of total defense job cuts of up to 10,000 in April, says economist Mark Zandi of Moody's Analytics. Overall, economists... more


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