Challenger, Gray & Christmas News

Posted 3 years 2 months ago

Original Article

"Oftentimes, a second chief executive is brought on during a complicated situation, according to John Challenger, CEO of Challenger Gray & Christmas Inc., a firm specializing in employment and outplacement services. Other times, he said, someone is brought into the position as a recognition of the value they potentially bring to a complicated job. With two CEOs, responsibility is shared.

"'I think most companies go into it... more

Posted 3 years 2 months ago

Original Article: http://money.cnn.com/2016/12/01/news/companies/trump-plant-closings/inde...

"President-elect Donald Trump has struck an agreement to save more than 1,000 factory jobs at a Carrier plant in Indianapolis that were destined for Mexico.

But fighting the trend of U.S. companies moving to Mexico won't be easy.

More than 250,000 jobs will be lost due to plant closing announcements this year, according to Challenger, Gray and Christmas.

Saving... more

Posted 3 years 3 months ago

Original Article: http://www.bloomberg.com/news/articles/2016-11-15/wall-street-s-decade-l...

"Banks will still make smaller cuts in underperforming units or in areas where technology reduces the need for humans, Challenger said.

And a hiring boom may be about to end in one corner of the industry -- compliance departments. Days after last week’s vote, Trump’s transition team signaled that his administration will seek to roll back key pieces of the Dodd-... more

Posted 3 years 3 months ago

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Posted 3 years 3 months ago

Original Article: http://www.reuters.com/article/us-datadive-oil-idUSKBN1342WN

"Though energy sector job losses have abated as oil has stabilized, cuts this year total 103,147, according to research firm Challenger, Gray & Christmas. Cutbacks on energy loans and big mergers have also contributed to consolidation in the space... more

Posted 3 years 4 months ago

Original Article: http://www.cnbc.com/2016/10/21/dont-pull-a-clark-griswold-with-your-holi...

"'We don't have a lot of hard numbers yet, but the economic indicators are showing that it's likely that bonuses are going to be good this year,' said Andrew Challenger, vice president with outplacement firm Challenger, Gray & Christmas.

He points to unemployment rates at or below 4 percent in many markets.

'When there's a job shortage, employers really need to... more

Posted 3 years 4 months ago

Original Article: http://www.chicagotribune.com/business/ct-cubs-workplace-1020-biz-201610...

"Companies are wise to jump on the Cubs excitement, said Andrew Challenger, vice president of Chicago-based outplacement firm Challenger, Gray & Christmas.

'It gets people from different departments who don't normally connect with each other to connect on something besides the daily business item, and that's incredibly valuable,' Challenger said. While the city has rallied around... more

Posted 3 years 4 months ago

Original Article: http://www.usnews.com/news/articles/2016-10-12/americans-quitting-their-...

"But those layoffs may not stay that low for long. A separate layoff report published last week by Challenger, Gray & Christmas outplacement and research outfit showed announced discharges climbed 38 percent in September following an uneventful August. Such announcements were still down 25 percent from last September. And to date, 2016 layoff announcements... more

Posted 3 years 4 months ago

CEO John Challenger appears on PBS's Chicago Tonight to discuss topics to avoid or engage in during this political season.

Original Clip on PBS

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