Press Releases

Posted 8 months 1 week

Nearly 55 percent of companies plan to hire in the coming year, according to a survey conducted by global outplacement and executive coaching firm Challenger, Gray & Christmas, Inc. That’s compared to just over 46 percent of companies who reported they would hire in 2018.

Meanwhile, fewer companies reported that economic fears and soft demand...

Posted 8 months 2 weeks

A total of 147 Chief Executive Officers left their posts in November, two fewer than the 149 recorded in October, as CEOs continue to depart from top jobs, according to a report released Wednesday by global outplacement consultancy and executive coaching firm Challenger, Gray & Christmas, Inc.

Last month’s total is 56.4 percent higher than the 94 CEOs who left their...

Posted 8 months 3 weeks

Companies around the globe are beginning to announce large-scale layoff plans, possibly signaling an upcoming downturn. The number of planned layoffs announced by U.S.-based employers totaled 53,073 in November, according to a report released Thursday by global outplacement and executive coaching firm Challenger, Gray & Christmas, Inc.

In November, Japanese...

Posted 8 months 4 weeks


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Posted 9 months 1 day

UPDATE: General Motors is cutting up to 14,000 workers.

General Motors announced it would cut 15 percent of its salaried and salaried contract staff, or an estimated 14,000 people, as the company looks to cut costs and pivot to electric vehicles. Meanwhile, CEO Mary Barra says the company is still hiring workers with experience in software and tech to in order to transition...

Posted 9 months 2 weeks

As the year comes to a close, many of the nation’s workers may be looking for ways to advance in their current positions or find new employment. For the 33rd consecutive year, global outplacement consultancy and executive coaching firm Challenger, Gray & Christmas, Inc. will suspend normal business operations for two days so its staff of professional job-search coaches can provide...

Posted 9 months 3 weeks

A total of 149 Chief Executive Officers left their posts in October, virtually unchanged from the 148 recorded in September. October’s total is well above the average 98 CEOs who have left their posts in October since 2002, according to a report released Wednesday by global outplacement consultancy and executive coaching firm Challenger, Gray & Christmas,...

Posted 9 months 3 weeks

This year, 65 percent of companies plan to hold a holiday party, the lowest number since 2009, when 62 percent of companies held holiday festivities, according to survey results released Tuesday by global outplacement consultancy Challenger, Gray & Christmas, Inc.

According to the annual survey on holiday party plans, conducted in October among 150...

Posted 9 months 3 weeks

For the third time this year, one company’s announcement has made up the bulk of job cuts for one month, as U.S.-based employers announced plans to cut 75,644 jobs from their payrolls in October, according to a report released Thursday from global outplacement and executive coaching firm Challenger, Gray & Christmas, Inc.

Last month’s total is 36.8 percent...

Posted 9 months 4 weeks

This year’s midterm elections are anticipated to bring out record numbers of voters. Both North Carolina and Texas report that the number of early voting ballots has surpassed 2014 totals. American workers will no doubt be tuned in to Election Day coverage from the moment the polls open until results are reported. In fact, a new survey released Tuesday from global...

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