Press Releases

Posted 4 months 4 weeks

The automotive industry, which has seen a significant shift as automakers deal with changing consumer demands and the implementation of automation, has announced 19,802 job cuts through April. That is 207% higher than the 6,451 automotive sector cuts announced through the same period last year, according to tracking from global outplacement and executive and business...

Posted 5 months 1 week

Employers at U.S.-based companies announced 97 chief executive officer changes last month, 39.2% lower than the 135 CEO changes announced in March, according to a report released Wednesday by global outplacement and business and executive coaching firm Challenger, Gray & Christmas, Inc.

April’s total was 11% lower than the 109 CEO exits announced in the same month last...

Posted 5 months 2 weeks

U.S.-based employers announced plans to cut 40,023 jobs from their payrolls in April, down 34% from the 60,587 cuts announced in March. This is the lowest monthly total since last August, when 38,472 cuts were announced, according to a report released Thursday from global outplacement and business and executive coaching firm Challenger, Gray & Christmas, Inc.

Despite...

Posted 5 months 3 weeks

Advances in technology are changing Automotive, Logistics, Retail, Finance, Health Care, and Manufacturing, among several other industries. Increasingly companies in these sectors are making adjustments to their workforces in anticipation of the changing landscape, not only through layoffs, but also through hiring new skill sets. That means, workers too must adapt, and many professionals may...

Posted 6 months 4 days

For the more than 3,000,000 students estimated to graduate with a degree this year, according to the National Center for Education Statistics, many will find themselves with offers to work right out of college.

Employers plan to hire nearly 17% more college graduates from the Class of 2019 than they did the previous graduating class, according...

Posted 6 months 1 week

Employers at U.S.-based companies announced 135 chief executive officer changes last month, 8.9% higher than the 124 CEO changes announced in February, according to a report released Wednesday by global outplacement and business and executive coaching firm Challenger, Gray & Christmas, Inc.

March’s total was 40.6% higher than the 96 CEO exits announced in the same...

Posted 6 months 1 week

Employers at U.S.-based companies announced 135 chief executive officer changes last month, 8.9% higher than the 124 CEO changes announced in February, according to a report released Wednesday by global outplacement and business and executive coaching firm Challenger, Gray & Christmas, Inc.

March’s total was 40.6% higher than the 96 CEO exits announced in the same...

Posted 6 months 1 week

With the end of the school year fast approaching, many teenagers across the country are considering summer employment. While just 35% of teens aged 16-19 participated in the labor market last year, global outplacement and business and executive coaching firm Challenger, Gray & Christmas, Inc. predicts job opportunities could increase around 5% this year...

Posted 6 months 2 weeks

U.S.-based employers announced plans to cut 60,587 jobs from their payrolls in March, down 21% from the 76,835 cuts announced in February. Despite the decline, last month’s cuts in the Automotive and Energy sectors added to the highest quarterly total of the last 14 quarters, according to a report released Thursday from global outplacement and business and...

Posted 6 months 3 weeks

Nearly 20 percent of all workers work in the gig economy, according to a 2018 NPR/Marist survey, and a Bankrate study found that number could be as high as 44 million. With the high number of Americans participating in gig work and the growing reports of mistreatment of these workers, human resources leaders are needed more than ever, according to one workplace authority.

“While...

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