Press Releases

Posted 5 years 2 weeks

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 5 years 3 weeks

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,...

Posted 5 years 3 weeks

Veterans of the most recent wars in Iraq and Afghanistan have made tremendous strides over the last four years when it comes to employment. While they are doing better as a group than the overall population, a new analysis of government data shows that they still lag slightly behind veterans from the first Gulf War.

The study, released just ahead of Veterans’ Day by global outplacement and employee coaching consultancy Challenger, Gray &...

Posted 5 years 1 month

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 5 years 1 month

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 5 years 1 month

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 5 years 2 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 5 years 2 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 5 years 2 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 5 years 2 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...

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