Press Releases

Posted 5 years 1 week

The pace of turnover among the nation’s chief executive officers rose in June, as 103 CEOs announced their departures during the month, according to a report issued Wednesday by global outplacement consultancy Challenger, Gray & Christmas, Inc.

The June total was up 5 percent from the 98 CEO departures recorded in May. It was 9.6 percent higher than the 94 CEO changes announced the same month a year ago.

Through the second quarter, US-based companies...

Posted 5 years 1 week

After getting off to a strong start in May, job gains among teenagers stumbled in June, as employers hired 15 percent fewer 16- to 19-year-olds than a year ago, according to an analysis of the latest data from the Bureau of Labor Statistics by global outplacement consultancy Challenger, Gray & Christmas, Inc.

The number of employed teenagers grew by 661,000 last month, which typically represents the peak of the teen summer hiring period. That was down...

Posted 5 years 2 weeks

After climbing to a 15-month high in May, planned job cuts announced by U.S.-based employers in June plunged 41 percent to 31,434, the lowest one-month total so far this year. Through the first half of 2014, the pace of job cutting is down 5.0 percent from a year ago, according to the report released Thursday by global outplacement consultancy Challenger, Gray & Christmas, Inc.

June job cuts were 20 percent lower than the same month a year ago, when employers...

Posted 5 years 3 weeks

CHICAGO, June 24, 2014 -- Millions of Americans could be watching the US soccer team take on Germany this Thursday in a match that will play a crucial role in deciding the team’s fate in the World Cup. The problem is the big game will played mid-day on Thursday, when many of those watching the broadcast or internet stream should be working. So, what can the nation’s employers do to prepare for the potential collapse in productivity?

Probably nothing, according to one workplace expert.

“Employers may simply want to prepare for the fact that many workers could be taking an...

Posted 5 years 1 month

98 CEO CHANGES IN MAY; 558 CEO EXITS THIS YEAR UP 10%

The pace of turnover among the nation’s chief executive officers was virtually unchanged in May, as 98 CEOs announced their departures during the month, according to a report issued Wednesday by global outplacement consultancy Challenger, Gray & Christmas, Inc.

The May total was up 4.3 percent from the 94 CEO departures recorded in April. It was down 5.8 percent from the 104 CEO changes announced the...

Posted 5 years 1 month

Teens seeking summer jobs got off to a strong start in May, as employment among 16- to 19-year-olds grew by 217,000 in May. That was the biggest May employment gain for teenagers in eight years, according to an analysis of the latest employment data by global outplacement consultancy Challenger, Gray & Christmas, Inc.

Last month’s employment gains among teens was a slight improvement over 2013, when 215,000 16- to 19-year-olds found jobs in May. The last...

Posted 5 years 1 month

Job cuts climbed to the highest level in more than a year, as US-based employers announced plans to reduce payrolls by 52,961 in May, according to the report Thursday from global outplacement consultancy Challenger, Gray & Christmas, Inc.

May job cuts were up 31 percent from 40,298 announced layoffs in April. It was the second consecutive increase in monthly job cuts and the largest one-month total since February 2013, when 55,356 job cuts were recorded.

...
Posted 5 years 2 months

Will Social Media History Trip Up College Graduates?
NEW SURVEY REVEALS HR EXECUTIVES’ VIEWS ON SOCIAL MEDIA ACTIVITY

For this year’s crop of college graduates, the use of social media is second nature. However, will these grads’ comfort with sharing their lives on Facebook, Twitter and Instagram come back to haunt them as they search for their first job? Not necessarily, according to one new survey.

In a poll of 100 human resources...

Posted 5 years 2 months

On the heels of Target’s May 5th announcement that chief executive officer Gregg Steinhafel will resign following a major data breach that left thousands of credit card numbers vulnerable, global outplacement consultancy Challenger, Gray & Christmas, Inc. reported 94 CEOs left their posts in April.

The April total was down 24 percent from the 123 CEO departures recorded in March and matched the number of CEO exits during the same month a year ago.

To...

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