Press Releases

Posted 1 week 1 day

Challenger March Madness Report
TOURNAMENT COULD COST EMPLOYERS $13.3 BILLION

It’s that time of year again! College hoops fans across the country are not only filling out their brackets, but also planning where they will watch the first round of games during work hours without the boss catching them. However, wise...

Posted 1 week 2 days

CEO Changes Remain High
124 CEOs LEFT THEIR POSTS IN FEBRUARY

Employers at U.S.-based companies announced 124 chief executive officer changes last month, 9.7 percent higher than the 113 CEO changes announced in February 2018, according to a report released Wednesday by global outplacement and executive coaching firm...

Posted 1 week 2 days

CEO Changes Remain High
124 CEOs LEFT THEIR POSTS IN FEBRUARY

Employers at U.S.-based companies announced 124 chief executive officer changes last month, 9.7 percent higher than the 113 CEO changes announced in February 2018, according to a report released Wednesday by global outplacement and executive coaching firm...

Posted 2 weeks 1 day

The shortest month of the year saw the highest number of job cuts in over three-and-a-half years, as U.S.-based employers announced plans to cut 76,835 positions from their payrolls in February. That is 45 percent higher than the 52,988 cuts announced in January, according to a report released Thursday from global outplacement and executive coaching firm Challenger,...

Posted 2 weeks 4 days

A recent U.S. Court of Appeals for the Seventh Circuit ruling dealt a blow to older job seekers, a cohort that often sees discrimination in labor practices. The ruling restricts age bias claims under the Age Discrimination in Employment Act (ADEA) to those already employed, leaving the thousands of older American job seekers without recourse for potential discrimination.

With a...

Posted 1 month 4 hours

Companies are hiring at a faster rate than people are leaving their jobs. With job openings at a record high of 7.3 million, according to the latest Bureau of Labor Statistics Job Openings and Labor Turnover Survey, job seekers seemingly have their pick of jobs. However, job seekers who want to make an impact or employed workers who want to get ahead would be wise to...

Posted 1 month 6 days

Consolidation, declining revenue, combative language from the Trump Administration, and occasional violence marked 2018 for members of the media. It was also the year with the highest number of job cut announcements in the sector since 2009, according to the monthly Job Cut Report compiled by global outplacement and executive coaching firm Challenger, Gray & Christmas, Inc...

Posted 1 month 1 week

It is almost Valentine’s Day, which, for many offices, means candy and flowers at the front desk and public proclamations of love to employees. This year, it could also mean navigating tricky relationships at the workplace, especially in light of the #MeToo movement, which so often included allegations of inappropriate conduct at work. While it is...

Posted 1 month 2 weeks

U.S.-based companies announced 157 chief executive officer changes to start the year, the highest monthly total on record, according to a report released Wednesday from global outplacement and executive coaching firm Challenger, Gray & Christmas, Inc.

January’s total was 21.7 percent higher than the 129 CEO exits announced in December and 18.9...

Posted 1 month 2 weeks

Employers at U.S.-based companies announced plans to cut 52,988 jobs from their payrolls in January, 20.7 percent higher than the 43,884 announced in December, according to a report released Thursday from global outplacement and executive coaching firm Challenger, Gray & Christmas, Inc.

January’s total is 18.7 percent higher than the 44,653 cuts announced in the...

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