Press Releases

Posted 4 days 2 hours

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 5 days 23 hours

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 1 week 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 1 week 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 2 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 2 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 2 weeks 6 days

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 3 weeks 5 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 3 days

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...

Posted 1 month 3 days

Late last week Congressional Republicans took the first steps toward dismantling the Affordable Care Act. The move was likely applauded by human resources executives, nearly 70 percent of whom favor repealing the landmark health care bill, according to one recent survey.

The survey, conducted in December among a small sampling of human resources executives from across the United...

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