Press Releases

Posted 5 days 23 hours

Although they are lucky enough to still have jobs, many employees working remotely in the age of COVID-19 are facing anxieties.

“Working from home can alleviate some stresses, such as less commuting time and fewer expenses for commuting, clothes, and even childcare, but employees are trying to juggle too many roles at once,” said Andrew Challenger, Senior Vice President of global outplacement and business and executive coaching firm Challenger, Gray & Christmas, Inc. “More...

Posted 1 week 1 day




Retailers added 702,000 jobs for the holiday season in 2019, a 12.21% increase over the 625,600 hires for the 2018 holiday season, 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 & Christmas, Inc.

Meanwhile, last holiday season, Retailers, Transportation, and Warehousing companies announced they were hiring 789,781 seasonal...

Posted 1 week 6 days

Companies are facing increased pressure to ensure they have a diverse workforce – in relation to age, race, religion, nationality, sexual orientation, gender, and physical conditions. There are several steps that may be taken by executives who are committed to diversity & inclusion, according to one workplace authority.

“Business executives who want to be advocates of diversity & inclusion have to go beyond simply reviewing policies or naming chief diversity...

Posted 2 weeks 1 day




Turnover in the top position slowed in August, as employers at U.S.-based companies announced 109 Chief Executive Officer changes, 13% lower than the 125 CEO changes announced in July, according to a report released Wednesday by global outplacement and business and executive coaching firm Challenger, Gray & Christmas, Inc.

August’s total was 31% lower than the 159 CEO exits reported in August 2019. In total, 897 chief executives have left their roles so...

Posted 2 weeks 5 days

What a difference a year makes. Going into Labor Day weekend 2019, the U.S. was beginning its 19th month with an unemployment rate at or below 4%. Workers were concerned about slow wage growth in a tight labor market.

Fast forward to Labor Day 2020: Who could have foreseen the drastic ways our lives have changed? Unemployment numbers rose to 4.4% in March and then the COVID-19 pandemic shut down the world, leading to a recession, with unemployment spiking to 14.7% in April, 13.3%...

Posted 3 weeks 1 hour



Job cuts announced by U.S.-based employers in August totaled 115,762, 116% higher than the August 2019 total of 53,480, according to a monthly report released Thursday by global outplacement and business and executive coaching firm Challenger, Gray & Christmas, Inc.

August’s total is 56% lower than the 262,649 job cuts announced in July. It is the highest total in August since 2002, when 118,067 job cuts were announced. So far this year, employers have announced 1,...

Posted 3 weeks 5 days

Avoid Common Resume Myths
HOW TO TELL YOUR PROFESSIONAL STORY MOST EFFECTIVELY


When it comes to resume writing, there are as many formats and styles as there are job applicants. Everyone wants a resume that impresses and spurs a conversation with a potential employer. However, job seekers often believe the myriad myths about what a good resume should include to their own detriment, according to one workplace authority.

“People hear resume myths so often, they...

Posted 1 month 4 days


The number of teens employed in July rose to 5,353,000, an increase of 469,000 jobs from June, according to non-seasonally adjusted data from the U.S. Bureau of Labor Statistics (BLS). That is on par with last July, when 468,000 jobs were added for teen workers.

The number of employed teens is down from last July, when 6,409,000 teens were employed, according to an analysis of non-seasonally adjusted data from the BLS by global outplacement and executive and business...

Posted 1 month 6 days


Companies announced nearly 1.6 million permanent job cuts in the first half of 2020, according to tracking by global outplacement and executive and business coaching firm Challenger, Gray & Christmas, Inc. The Bureau of Labor Statistics puts the number of unemployed people at nearly 18 million. With staggering numbers like these, those who are left in the office almost certainly feel the strain of survivors’ guilt, according to one workplace authority.

“Layoff...

Posted 1 month 1 week

Chief Executive Officer turnover rose to 125 in July, up 37% from the 91 exits reported in June, according to a report released Wednesday by global outplacement and business and executive coaching firm Challenger, Gray & Christmas, Inc.

The number of CEO departures is almost equal to the 124 reported in July 2019. So far this year, 788 chief executives have left their posts, 7.3% lower than the 850 CEO changes reported between January 2019 and July 2019.

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