Press Releases

Posted 5 days 4 hours

After the most recent flu update from the Centers for Disease Control and Prevention (CDC), during which officials stated the flu season has yet to peak and activity is as high as in 2009, global outplacement and executive coaching firm Challenger, Gray & Christmas, Inc. revised its estimate on the cost of lost productivity to employers due to the flu to over $21 billion.

“The flu...

Posted 6 days 4 hours

As of today, recreational marijuana is legal in nine states and medicinal marijuana in 29, but despite shifting public perception in favor of marijuana usage, many companies still utilize drug tests that screen out candidates who use marijuana.

“This policy was originally implemented as a way to screen out drug users in an attempt to only hire the most productive workers. However,...

Posted 1 week 3 days

While office romances may seem inevitable – with one in four workers reporting they are currently or have engaged in a workplace relationship, according to the Society for Human Resource Management (SHRM) – they are often ripe for conflict, not only for the parties involved, but also for their employers. When these courtships are unsuccessful, they reportedly end in termination for at least...

Posted 1 week 4 days

The number of Chief Executive Officers leaving their posts at U.S.-based companies last month reached 132, the highest monthly total since the same number exited the CEO role in February 2010, according to a report released Wednesday by global outplacement consultancy and executive coaching firm Challenger, Gray & Christmas, Inc.

January’s total was a 39 percent...

Posted 2 weeks 3 days

The aggressive strain of flu currently making its way across the country is producing similar activity as when nearly 40 million people were sickened in the 2014-2015 season, according to the CDC. Considering this new information, this flu season could cost at least $15.4 billion in lost productivity, according to an updated estimate from global outplacement and executive coaching firm...

Posted 2 weeks 4 days

The nation’s employers announced plans to cut 44,653 jobs in January, 37.7 percent more than the 32,423 cuts announced in December, according to a report released Thursday by global outplacement consultancy Challenger, Gray & Christmas, Inc.

While January cuts were up from the previous month, they were 2.8 percent lower than the same month one year...

Posted 2 weeks 5 days

Recent calls for a holiday the day after the Super Bowl will not be silenced this year, as over 111 million Americans plan to watch the matchup between the Philadelphia Eagles and the New England Patriots. If the same number of workers expect to take the Monday after the Super Bowl off work this year as last year, it could cost employers over $3 billion in lost...

Posted 1 month 2 days

The rate of women taking over the role of Chief Executive Officer in 2017 remained virtually unchanged from 2016 at 18 percent, according to a report released by global outplacement consultancy Challenger, Gray & Christmas, Inc.

Of the 993 replacement CEOs recorded in 2017, 183, or 18.4 percent, were women. That is down slightly from 2016, when women represented 193, or 18.5 percent...

Posted 1 month 1 week



UPDATE: Read our updated estimate here.

The aggressive strain of flu currently making its way across the country is prompting experts to issue warnings to reduce the spread of infections. One...
Posted 1 month 1 week

Retail employment dropped 88 percent from November’s total of 462,700 to 53,900 in December, the lowest December total on record, according to an analysis of non-seasonally adjusted Bureau of Labor Statistics data by global outplacement and executive coaching firm Challenger, Gray & Christmas, Inc.

November job gains were revised higher to 462,700 from 451,600, 29 percent higher than November 2016, when 359,000 jobs were added. December’s total...

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