Press Releases

Posted 4 years 8 months

While holiday hiring is expected to remain virtually unchanged from a year ago, where that hiring occurs is going through a dramatic change, according to the employment experts at global outplacement and business coaching firm Challenger, Gray & Christmas, Inc.

“It used to be that the bulk of holiday hires would be in customer-facing positions on the sales floor and behind the cash register. These extra workers would also help pick up the slack in the backroom...

Posted 4 years 9 months

Turnover among the nation’s chief executive officers fell slightly in September as 104 planned CEO departures were reported, down 2.8 percent from the 107 in August, according to a report released Wednesday by global outplacement consultancy Challenger, Gray & Christmas, Inc.

The September total was down 16.1 percent from the same month a year ago when 124 were recorded.

Overall, third-quarter CEO departures totaling 339 have fallen...

Posted 4 years 9 months

The third quarter ended with a surge in job cuts, as U.S.-based employers announced plans to shed 58,877 in September, a 43 percent increase from the previous month, according to a report released Thursday by global outplacement consultancy Challenger, Gray & Christmas, Inc.

The September total was third largest of the year behind July (105,696) and April (61,582). It was 93 percent higher than the 30,477 planned layoffs announced the same...

Posted 4 years 9 months

*Note: We previously listed Chemours/Dupont with 9,100 cuts this year. The Chemours spinoff from Dupont cost 5-7% of 9,100 jobs.

Today’s announcement from Caterpillar that it will shed 5,000 workers by the end of 2016, with the possibility of adding another 5,000 job cuts by the end of 2018, places it among the top 15 private-sector job cut announcements of the year, according to tracking by global outplacement consultancy Challenger...

Posted 4 years 9 months

As the war for talent escalates amid an improving economy and falling unemployment, employers around the country are looking for any advantage that will give them the upper hand in finding and keeping the best workers. According to one new survey, a large percentage of companies believe that advantage can be found in employee assessment software.

In the survey conducted among 300 human resources executives by global outplacement and executive...

Posted 4 years 9 months

Low gas prices, steady job gains and bigger paychecks are expected to benefit holiday retail sales this year, but that may not necessarily result in increased seasonal hiring in the sector, according to one forecast.

In its annual retail holiday hiring outlook, global outplacement consultancy Challenger, Gray & Christmas, Inc. expects seasonal employment gains to be about the same as a year ago, when retailers added 755,000 to their payrolls from October through...

Posted 4 years 9 months

After July marked the highest turnover among chief executive officers in 18 months, the number of CEO departures fell 16 percent to 107 in August, according to the latest report from global outplacement consultancy Challenger, Gray & Christmas, Inc.

August departures were down 10 percent from the same month last year when 119 CEO exits were recorded.

A total of 823 CEO changes have been announced to date, which is 7 percent fewer than the 885 CEO...

Posted 4 years 10 months

Monthly job cuts plunged by more than 60 percent in August after surging to a four-year high in July on massive cuts in military staffing, according to the report Thursday from global outplacement consultancy Challenger, Gray & Christmas, Inc.

Employers in the U.S. announced plans to shed 41,186 workers from payrolls last month, a 61 percent decline from the 105,696 layoffs in July. The July figure was the highest since September 2011, when monthly job cuts...

Posted 4 years 10 months

An improving job market may be one of the reasons start-up activity among job seekers remained flat in the first half of 2015. The other reason could be a lack of the some of the key ingredients needed to increase the chances of success.

Over the first two quarters of 2015, an average of 5.1 percent of job seekers started their own business, according to the latest job search statistics from global outplacement and coaching consultancy Challenger, Gray &...

Posted 4 years 10 months

As fantasy sports and, more specifically, fantasy football continue to grow in popularity, so might the financial impact on the nation’s employers. However, one workplace authority says companies should not crack down on workers managing their teams at the office, but instead embrace the fantasy fanaticism.

Over the 17 weeks of the NFL preseason and regular season, millions of Fantasy Football participants -- an estimated 66 percent of whom are employed full time...

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