Press Releases

Posted 5 hours 25 min

Memorial Day weekend will kick off what is expected to be one of the busiest summer travel seasons in recent history, thanks to low gas prices and cheaper air fares. The increased number of Americans vacationing should result in increased hiring in areas and industries where tourists will congregate, according to a new outlook from the employment authorities at global outplacement and executive coaching consultancy Challenger, Gray & Christmas, Inc.

“Several...

Posted 6 days 9 hours

The class of 2015-16, which sends more than 1.8 million young Americans armed with four-year degrees into the workforce this year, will enter the best job market for college graduates in several years, according to one new outlook.

In its annual college grad job forecast, global outplacement consultancy Challenger, Gray & Christmas, Inc. noted that worsening labor shortages in a number of areas, including business, financial, technology and...

Posted 2 weeks 11 hours

Turnover among the nation’s chief executive officers increased for the second consecutive month in April, as 108 CEO departures were announced during the month. That was up 7 percent from 101 in March, according to a report released Wednesday by global outplacement consultancy Challenger, Gray & Christmas, Inc.

The April total was 11.3 percent higher than the same month a year ago, when announced CEO departures totaled 97. Last month marked the...

Posted 3 weeks 5 hours

The pace of downsizing increased in April, as US-based employers announced workforce reductions totaling 65,141 during the month, according to the latest report released Thursday from global outplacement consultancy Challenger, Gray & Christmas, Inc.

The April figure represents a 35 percent increase over March, when employers announced 48,207 planned layoffs. Last month’s job cuts were 5.8 percent higher than the 61,582 recorded in April 2015.

Employers...

Posted 3 weeks 6 days



While many American workers may be familiar with the concept of the exit interview, a tightening labor market is prompting employers to initiate “stay interviews” as a preemptive means of hanging onto talent.

In a new survey of human resources executives conducted by global outplacement and executive coaching firm Challenger, Gray & Christmas, Inc., more than 50 percent of respondents said their companies were already conducting stay...

Posted 1 month 5 days

The technology sector is in a constant state of change, a fact that often has negative consequences for those employed in the industry. The latest casualties are 12,000 employees at Intel, which announced the job cuts Tuesday as part of a shift away from traditional desktop and laptop computers.

Intel joins several other major computer firms announcing large-scale job cuts in recent months. Earlier this year Dell Computer announced cuts totaling 10,...

Posted 1 month 2 weeks

Turnover among the nation’s chief executive officers rose in March, as 101 CEO departures were announced, up 16 percent from 87 in February, according to a report released Wednesday by global outplacement consultancy Challenger, Gray & Christmas, Inc.

The March total was 6 percent higher than the same month a year ago, when announced CEO departures totaled 95. So far this year, 319 CEOs have left their posts, 7 percent more than the 299 CEOs who...

Posted 1 month 2 weeks

With the presidential election still seven months away, the current political landscape has no doubt given cause for workers across the country to discuss and debate the presidential candidates’ positions or antics. In fact, a new survey released Tuesday from outplacement and executive coaching firm Challenger, Gray & Christmas, found 94 percent of respondents have witnessed political discussions in the workplace, with 18.2 percent reporting that those...

Posted 1 month 3 weeks



MONTHLY JOB CUTS FALL IN MARCH, Q1 TOTAL UP 31%

Heavy Layoffs in Energy and Retail Drive Increase


Job cuts declined for the second consecutive month in March, as US-based employers announced plans to trim payrolls by 48,207 during the month, according to new figures released Thursday by global outplacement consultancy Challenger, Gray & Christmas, Inc.

The...

Posted 1 month 3 weeks

Teen employment, already at its highest level since 2009, should continue to increase in the summer months, according to a just-released outlook. However, the number of teens seeking and finding summer jobs during the summer months has declined in each of the last three years – a trend that is likely to continue in 2016.

“Teenagers seeking summer employment should continue to have more and more opportunities. The economy is the strongest it’s been...

Pages