Press Releases

Posted 2 weeks 2 days

Target was the first major retailer to reveal its national holiday hiring plans, announcing Monday that it will add nearly 70,000 extra workers in its stores this year. That represents just under 10 percent of the more than 700,000 retail job gains expected this holiday season in a new outlook from global outplacement consultancy Challenger, Gray &...

Posted 3 weeks 2 days

Chief executive officer departures jumped to the second highest level of the year, as 109 CEOs announced their exits during the month, according to a report released Wednesday by global outplacement consultancy Challenger, Gray & Christmas, Inc.

Last month’s total was 18.5 percent higher than the 92 chief executive officer departures in July. It was the second highest...

Posted 4 weeks 1 day

Downsizing slowed in August, as US-based employers announced plans to cut their payrolls by 32,188, a 29 percent decline from the 45,346 cuts in July, according to the report released Thursday by global outplacement consultancy Challenger, Gray & Christmas, Inc.

The August figure was the lowest monthly total since May (30,157) and the second lowest of the year. It was 22 percent lower than...

Posted 1 month 1 day


Does Fantasy Football Sack Productivity?

Analyzing the latest metrics, pouring over spreadsheets and personnel files, assessing the potential of team members. Another day at the office? Perhaps. But around this time of year, it’s just as likely to be your co-worker prepping for the fantasy football draft.

Millions of Americans are expected to participate in one or more fantasy...

Posted 1 month 3 weeks

The pace of chief executive officer departures continue to slow in July as 92 CEOs left their posts. That was down 5 percent from 97 in June and 28 percent lower than the 128 who left their posts in July of last year, according to a report released Wednesday by global outplacement consultancy Challenger, Gray & Christmas, Inc.

For the year, 716 CEOs have left their posts, exactly the...

Posted 1 month 3 weeks

With strong hiring in June and July, the number of teenagers finding summer employment in 2016 increased by more than 15 percent to its highest level since 2013, according to an analysis of government data by global outplacement firm Challenger, Gray & Christmas, Inc.

Employment among teens increased by 1,339,000 between May and July. That was 15.4 percent more than a year ago, when 1...

Posted 1 month 3 weeks

The pace of layoffs ticked up in July, as employers announced plans to shed 45,346 workers from their payrolls. That represents a 19 percent increase from 38,536 job cuts in June, according to the report released Thursday by global outplacement consultancy Challenger, Gray & Christmas, Inc.

It was the second consecutive increase in monthly job cuts, as the June total was up 28 percent...

Posted 1 month 4 weeks

The percentage of job seekers moving for new employment increased slightly in the first half of 2016, according to new data released by global outplacement consultancy Challenger, Gray & Christmas, Inc.

The rise in relocation may be an indication that worsening labor shortages in certain regions are forcing employers to find out-of-town candidates, according to the firm.

Over the first two quarters of 2016, an average of 11.3 percent of job seekers...

Posted 2 months 1 week

NEARLY 700,000 TEENS FIND JOBS; HIGHEST GAINS SINCE 2013
The number of teenagers finding summer jobs surged in June, as employment among 16- to 19-year-olds increased by 691,000. It was the biggest June job gain for teens since 2014, according to tracking by global outplacement consultancy Challenger, Gray & Christmas, Inc.

The 691,000 employment gains recorded last month represents a 13 percent improvement over June 2015, when 609,000...

Posted 2 months 2 weeks

The pace of chief executive officer departures slowed to the lowest level since February, as 97 CEOs left their posts in June. That was down 3 percent from 100 in May and 5 percent from the 102 who left their posts in June of last year, according to a report released Wednesday by global outplacement consultancy Challenger, Gray & Christmas, Inc.

For the quarter, departures totaled 305, 4.7 percent fewer than the preceding quarter, when 319 CEOs left their posts...

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