Press Releases

Posted 21 hours 15 min

Over a year after the #MeToo movement exposed several executives with allegations of sexual misconduct, causing their removal from the CEO role, including Harvey Weinstein, Les Moonves, and Steve Wynn, the rate of women taking over the role of Chief Executive Officer in 2018 rose to 22 percent, after hovering at 18 percent in both 2017 and 2016,...

Posted 1 week 1 day

Uncertainty in the economy and the stock market, stoked by the government shutdown, legislation, and trade concerns, seems to be spilling into the job search, according to a survey released Tuesday by global outplacement and executive coaching firm Challenger, Gray & Christmas, Inc. While over half of job seekers reported they were employed, up from 37...

Posted 1 week 6 days

Flu season is officially here, as high instances of flu-like illnesses have been recorded in New York City and 19 states as of December 29th, according to the Centers for Disease Control and Prevention (CDC). While it is difficult for the CDC to predict flu severity, Challenger estimates absences due to illness could cost employers over $17 billion in lost productivity this season....

Posted 2 weeks 1 day

A total of 129 Chief Executive Officers left their posts in the final month of 2018, capping the highest quarterly total for CEO changes since Challenger began tracking in 2002, according to a report released Wednesday by global outplacement consultancy and executive coaching firm Challenger, Gray & Christmas, Inc.

Last month’s total is 35.8 percent...

Posted 3 weeks 13 hours


While December was quieter than the previous three months, as employers at U.S.-based companies announced plans to cut 43,884 workers from their payrolls during the month, the year-to-date total is nearly 29 percent higher than last year and the highest total since 2015, according to a report released Thursday by global outplacement and executive coaching firm...
Posted 1 month 6 days

Nearly 55 percent of companies plan to hire in the coming year, according to a survey conducted by global outplacement and executive coaching firm Challenger, Gray & Christmas, Inc. That’s compared to just over 46 percent of companies who reported they would hire in 2018.

Meanwhile, fewer companies reported that economic fears and soft demand...

Posted 1 month 1 week

A total of 147 Chief Executive Officers left their posts in November, two fewer than the 149 recorded in October, as CEOs continue to depart from top jobs, according to a report released Wednesday by global outplacement consultancy and executive coaching firm Challenger, Gray & Christmas, Inc.

Last month’s total is 56.4 percent higher than the 94 CEOs who left their...

Posted 1 month 2 weeks

Companies around the globe are beginning to announce large-scale layoff plans, possibly signaling an upcoming downturn. The number of planned layoffs announced by U.S.-based employers totaled 53,073 in November, according to a report released Thursday by global outplacement and executive coaching firm Challenger, Gray & Christmas, Inc.

In November, Japanese...

Posted 1 month 3 weeks


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Posted 1 month 3 weeks

UPDATE: General Motors is cutting up to 14,000 workers.

General Motors announced it would cut 15 percent of its salaried and salaried contract staff, or an estimated 14,000 people, as the company looks to cut costs and pivot to electric vehicles. Meanwhile, CEO Mary Barra says the company is still hiring workers with experience in software and tech to in order to transition...

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