Press Releases

Posted 1 year 11 months

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 1 year 12 months

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 1 year 12 months

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 1 year 12 months

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 2 years 1 week

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 2 years 2 weeks



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 2 years 2 weeks

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...

Posted 2 years 2 weeks

The number of Chief Executive Officer changes at U.S.-based companies rose slightly from the 94 CEO exits announced in November, as a total of 95 CEOs left their posts in December. This brings the year-end total to 1,160 exits, the lowest annual total since 2004, when 663 CEO changes were announced, according to a report released Wednesday by global...

Posted 2 years 3 weeks

U.S.-based employers announced 32,423 job cuts in the last month of the year, bringing the year-end total to 418,770. That is the lowest annual total since 1990*, when 316,047 cuts were recorded, according to a report released Thursday by global outplacement consultancy Challenger, Gray & Christmas, Inc.

“The retail pivot that caused thousands of store closures and...

Posted 2 years 3 weeks

At the close of 2017, many who were subject to sexual harassment and/or assault have been empowered by the #MeToo movement to name their abusers. This has had a powerful impact not only culturally, but also in the workplace, where 71 percent of this alleged abuse occurred, according to a new analysis of news reports of sexual misconduct conducted by global outplacement and executive coaching firm...

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