Press Releases

Posted 5 days 11 hours

Emboldened by favorable employment conditions and the continued availability of low-interest credit, the percentage of job seekers starting their own business increased to a four-year high in the final quarter of 2016.

An average of 7.4 percent of job seekers started a business in the fourth quarter. That was the highest quarterly average since the fourth quarter of 2013, when 8.6 percent...

Posted 1 week 4 days

After falling 21 percent in 2015, job cuts announced by employers in the U.S. technology sector increased by the same amount in 2016, according to a new analysis of layoff data by global outplacement firm Challenger, Gray & Christmas, Inc.

Employers in the technology sector, which encompasses computer, electronic and telecommunications firms, announced 96...

Posted 1 week 6 days

While the economy continues to add jobs at a healthy pace, it appears that more and more of those jobs are with contractors, subcontractors and outsourcing providers that handle an ever-expanding list of corporate functions, including compensation and benefits, information technology, marketing, and, in the case of one airline, reservations and baggage handling.

For corporations that farm out...

Posted 2 weeks 4 days

For the nation’s employers attempting to woo talent in the face of a tightening labor market, millennials most likely figure prominently in recruitment plans. However, companies that rely on the same old heart-shaped box of chocolate to attract talent could find themselves falling short, especially when it comes to reeling in young talent, according to one employment...

Posted 2 weeks 5 days

Turnover among the nation’s chief executive officers surged in January as 128 CEOs left their posts during the month, 29 percent more than the 99 CEOs who left at the end of 2016, according to a report released Wednesday by global outplacement consultancy Challenger, Gray & Christmas, Inc.

The January total was 2 percent lower than the same month a year ago, when 131 CEOs...

Posted 3 weeks 4 days

The new year started with an increase in corporate downsizing, as the nation’s employers announced plans to cut payrolls by 45,934 in January, according to the latest report on monthly job cuts released Thursday by global outplacement consultancy Challenger, Gray & Christmas, Inc.

January job-cut announcements were up 37 percent from December 2016, when planned...

Posted 3 weeks 6 days

Most of the 110 million Americans expected to watch this Sunday’s Super Bowl match-up between the Atlanta Falcons and the New England Patriots will do so out of pure enjoyment of the game…and to catch the latest crop of Super Bowl ads, of course.

However, one workplace authority suggests that the nation’s business leaders watch the game with a more critical eye, focusing primarily on...

Posted 4 weeks 8 hours

Kraft Heinz’s announcement that all corporate, non-factory workers would get the Monday after Super Bowl off from work and subsequent campaign to make that day a national holiday may be more than just good public relations, according to one workplace authority.

“Every year, the Monday after Super Bowl, and typically the days leading up to the big game as well, are...

Posted 1 month 3 days

The number of women taking over the role of chief executive officer increased for the third consecutive year in 2016, according to new data released Wednesday by global outplacement consultancy Challenger, Gray & Christmas, Inc. The new findings suggest that while women still represent a small fraction of the nation’s CEOs, they are rapidly making gains.

Of the 1,043 replacement CEOs...

Posted 1 month 1 week

While Donald Trump may have won the White House partly on his promise to revitalize struggling industries, a recent survey of job seekers found that the majority are uncertain of his ability to deliver on that pledge.

According to survey results released Wednesday by global outplacement consultancy Challenger, Gray & Christmas, Inc., 53 percent of respondents said...

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