Press Releases

Posted 3 days 18 hours

In mid-May, rapper Nicki Minaj made headlines, not for her music, but for paying off several of her fans’ student loan debt. Beyonce and Chance the Rapper have also pledged funds to help students. A new survey released Thursday by global out placement and executive coaching firm Challenger, Gray & Christmas, Inc. shows celebrities are not the only ones...

Posted 1 week 4 days

As more and more jobs come under threat from automation, many Americans, particularly college freshmen, would be wise to enter a science, technology, engineering or math (STEM) field, according to one workplace authority.

“Technology is advancing at a record-setting pace, and the workforce needs to reflect this trend. The jobs of the future, no matter the industry or level, are no doubt going to...

Posted 1 week 5 days

From search engines to social media, every website seems to be collecting user data en masse, and once this data is collected, companies are facing more and more regulations on how they can share or store this data, potentially creating opportunities for workers in this field.

Data privacy is troubling most Americans. According to a survey conducted by AnchorFree, 95 percent of Americans...

Posted 2 weeks 4 days

Turnover among the nation’s chief executive officers fell in April, as 91 CEO departures were announced during the month. This is a 10 percent decrease from March when 101 CEO changes were recorded, according to a report released Wednesday by global outplacement consultancy Challenger, Gray & Christmas, Inc.

April turnover fell 18 percent from the same month last year when...

Posted 2 weeks 5 days

Fewer Americans are using their vacation time than ever before, and while many Americans are the most confident than they have been with the economy since before the recession, according to Pew Research, guilt over taking vacation days may cause employee burn-out, according to one workplace authority.

“According to Gallup, only 32 percent of employees are engaged at work. This could be due to...

Posted 3 weeks 4 days

The pace of downsizing decreased in April, as US-based employers announced workforce reductions totaling 36,602 during the month, according to the latest report released Thursday from global outplacement consultancy Challenger, Gray & Christmas, Inc.

The April figure represents a 15 percent decrease from March, when employers announced 43,310 planned layoffs. Last...

Posted 3 weeks 5 days

Technology and automation could replace millions of jobs in the next decade, with a December estimate from the White House suggesting 3.1 million jobs could be replaced in transportation alone. Robotics spending is expected to hit over $135 billion by 2019, according to International Data Corporation. What could this mean for the job market?

“Some occupations will inevitably disappear with the onset of new...

Posted 1 month 2 days

As the economy improves and talent becomes more difficult to find, the hope of gaining an advantage for future employment has driven the number and quality of internship applications higher. Labor shortages coupled with competition among undergraduates is changing the work given to interns and, as a result, internships have become increasingly vital when it comes to securing post-...

Posted 1 month 1 week

While the idea of entering the workforce post-college this May is incredibly daunting for the nearly 3 million young adults graduating with associate or bachelor’s degrees across the nation, the current economic growth in the United States should put these worries at ease, according to the latest from outplacement consultancy firm Challenger, Gray & Christmas, Inc.

The overall...

Posted 1 month 2 weeks

Eric Hemme of Minneapolis joins global outplacement and executive coaching consultancy Challenger, Gray & Christmas, Inc. as a regional sales manager. He will be responsible for client relationships and business development throughout Minnesota.

A native Minnesotan, Hemme comes to Challenger from Life Time Fitness where he spearheaded the company’s effort to build...

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