Press Releases

Posted 4 years 5 months

Company holiday parties still appear to be in vogue based on a new survey showing that 80 percent are planning to have one, but there is mounting evidence that more companies are moving away from the extravagant affairs that were common prior to the Great Recession.

In the survey released Monday by global outplacement consultancy Challenger, Gray & Christmas, Inc., just over 80 percent of companies are planning to have a holiday party. About 13 percent of...

Posted 4 years 5 months

Turnover among the nation’s chief executive officers fell to a 33-month low in November as 86 CEO departures were announced during the month, according to a report released Wednesday by global outplacement consultancy Challenger, Gray & Christmas, Inc.

The November total was 8.5 percent lower than the 94 CEO exits recorded in October. It represents the lowest monthly total in since matching the 86 CEO departures announced in March 2013.

November...

Posted 4 years 5 months

After adding a record number of workers in October, the pace of hiring among the nation’s retailers dropped to a four-year low in November, according to an analysis of employment data by global outplacement firm Challenger, Gray & Christmas, Inc.

The latest non-seasonally adjusted data from the Bureau of Labor Statistics show that retail employment increased by 394,100 in November. That is 5.0 percent lower than the 414,300 retail jobs added to the economy in...

Posted 4 years 6 months

After a four-month stretch that saw more than a quarter of a million job cuts announced by U.S.-based firms, planned layoffs in November fell to the lowest level in more than a year, according to the report released Thursday by global outplacement consultancy Challenger, Gray & Christmas, Inc.

The nation’s employers announced workforce reductions totaling 30,953 in November, 39 percent fewer than the 50,504 planned job cuts in October. Last month’s layoff...

Posted 4 years 6 months

For the 30th consecutive year, global outplacement firm Challenger, Gray & Christmas, Inc., will suspend normal business operations for two days over the holidays to provide free advice to callers from across the country.

The annual job-search call-in will be held December 28 and 29, from 9:00 a.m. to 5:00 p.m. CT. The telephone number is 312-422-5010. Job seekers can get more information about the call-in at firm’s website (...

Posted 4 years 6 months

Holiday hiring got off to its strongest start ever last month, as retailers added more than 200,000 new workers in October. However, the record pace is not expected to continue into November and December, according to global outplacement firm Challenger, Gray & Christmas, Inc.

The number of Americans employed in the retail industry increased by 214,500 in October. That represents the largest number of retail jobs ever added in October, based on Bureau of Labor...

Posted 4 years 6 months

Turnover among the nation’s chief executive officers fell in October as 94 planned CEO departures were reported, down 9.6 percent from the 104 in September, according to a report released Wednesday by global outplacement consultancy Challenger, Gray & Christmas, Inc.

The October total was 23 percent lower than the same month a year ago when 122 were recorded. In fact, October marked the third month in a row CEO departures were lower than the...

Posted 4 years 6 months

Roughly one-in-four employers recruit workers from the pool of current and former interns. With an internship being a real way to get your foot in the door, t is more important than ever for job seekers, whether college student, grad, recent grad, or re-entry to the workforce, to perform well in these employment proving grounds.

Internships are an essential stepping stone to full-time employment for entry-level job seekers. In a recent survey of...

Posted 4 years 6 months

The nation’s employers announced plans to eliminate 50,504 workers from their payrolls in October. More than one-quarter of those were oil-related job cuts, which climbed to a six-month high, according to the latest layoff report released Thursday by global outplacement consultancy Challenger, Gray & Christmas, Inc.

October job cuts were 14 percent lower than the 58,877 cuts announced in September. They were down 1.3 percent from a year ago,...

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