Press Releases

Posted 1 day 3 hours

Nearly 76% of companies plan to hold a holiday party this year, the highest percentage since 2016, when 80% planned festivities, according to survey results released Thursday by global outplacement and business and executive coaching firm Challenger, Gray & Christmas, Inc.

According to the annual survey on holiday party plans, conducted in...

Posted 2 weeks 1 day


While the labor market remains strong, manufacturing is slumping, job cut announcements are rising, and a coming downturn may be looming. Whether looking for work or to advance in one’s field, Challenger experts can help guide professionals in the right direction.

For the 34th consecutive year, global outplacement consultancy and executive coaching...

Posted 2 weeks 2 days

Churn in the C-Suite surged in October to a new high in a record-setting year, as 172 chief executives left their posts during the month, 14% more than the 151 CEOs who left in September, according to a report released Wednesday by global outplacement and business and executive coaching firm Challenger, Gray & Christmas, Inc.

Last month’s total was 15% higher...

Posted 2 weeks 4 days

Retailers added 137,200 jobs in October, 18% more than the 115,900 jobs Retailers added in October of 2018, according to an analysis of non-seasonally adjusted data from the U.S. Bureau of Labor Statistics (BLS) from global outplacement and executive and business coaching firm Challenger, Gray & Christmas, Inc.

Meanwhile, jobs added in Transportation and...

Posted 3 weeks 2 days

Job cuts announced by U.S.-based employers jumped to 50,275 in October, 20.97% higher than the 41,557 announced in September, according to a report released Thursday from global outplacement and business and executive coaching firm Challenger, Gray & Christmas, Inc.

Last month’s total is 33.5% lower than the 75,644 cuts announced in the same month last year....

Posted 1 month 2 weeks

Churn in the C-Suite slowed in September, but remained well above average, as companies announced 151 chief executive exits, according to a report released Wednesday by global outplacement and business and executive coaching firm Challenger, Gray & Christmas, Inc.

Last month’s total was 5% lower than the 159 CEO exits announced in August, the...

Posted 1 month 2 weeks

Job cuts announced by U.S.-based employers fell to 41,557 in September, 22.3% lower than the 53,480 announced in August. This is the second lowest monthly total in 2019, according to a report released Thursday from global outplacement and business and executive coaching firm Challenger, Gray & Christmas, Inc.

Last month’s total is 24.8% lower than the 55,285...

Posted 2 months 4 days

Despite a record number of hiring announcements for the holiday season last year, Retailers added the lowest number of jobs since 2009, 625,600 in the final quarter of 2018, according to an analysis of non-seasonally adjusted data from the Bureau of Labor Statistics (BLS) by global outplacement and executive and business coaching firm Challenger, Gray...

Posted 2 months 1 week

Increased churn continues at the chief executive position, as employers at U.S.-based companies announced 159 chief executive officer changes, the highest monthly total on record, according to a report released Wednesday by global outplacement and business and executive coaching firm Challenger, Gray & Christmas, Inc.

Last month’s total was 28% higher...

Posted 2 months 1 week

James E. Challenger, founder of the outplacement industry and champion of discharged workers, died on August 30th at his home outside Chicago. He was 93.

He was raised in Park Ridge, IL and graduated from Harvard in 1947 and Northwestern Law in 1951. In 1961, he was dismissed from his law firm position for taking time off. Though he found a new...

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