Press Releases

Posted 7 months 6 days

With 85 million mothers in the United States – 70 percent of whom are in the labor force, according to the Bureau of Labor Statistics – no doubt companies are facing calls for family-friendly benefits and perks. As women continue to speak out for equality in the workplace, especially in light of the #MeToo movement, companies that design their culture to support working mothers will attract top talent,...

Posted 7 months 1 week

With Mother’s Day approaching, some moms may think the best gift would be for their teenager to get a job. However, fewer teens are opting to secure summer employment. In its annual outlook, global outplacement and executive coaching firm Challenger, Gray & Christmas, Inc. predicts teen hiring will remain stagnant this summer, as more and more...

Posted 7 months 1 week

Job cuts announced by U.S.-based employers fell 40.2 percent in April to 36,081, the second lowest monthly total for the year, according to a report released Thursday by global outplacement and executive coaching firm Challenger, Gray & Christmas, Inc.

April’s total belies a trend for increased cuts after announcements in March hit a 23-month high of 60,357. March’s...

Posted 7 months 2 weeks

Perhaps seizing on a tax bill favorable to business, as well as a stable economy and tight labor market, job seekers chose to start new businesses in the first quarter of the year at the highest rate since the fourth quarter of 2013, according to a report from global outplacement and executive coaching firm Challenger, Gray & Christmas, Inc.

An average of 7.99 percent of job seekers started a business in the first quarter, the highest...

Posted 8 months 16 hours

As companies ramp up recruiting efforts for members of the millennial and Gen Z generations, employers are finding that traditional compensation offerings – salary, health, and retirement benefits – are no longer sufficient to draw top talent. Meanwhile, older workers, an increasing number of whom are remaining in the workforce, prioritize health and retirement benefits...

Posted 8 months 3 days

Although the 96 Chief Executive Officers who left their posts at U.S.-based companies in March was a 15 percent drop from the 113 CEO exits in February, this is the highest quarterly total since the third quarter of 2014, when 348 CEO changes were recorded, according to a report released Wednesday by global outplacement consultancy and executive coaching firm Challenger...

Posted 8 months 1 week

Job cuts announced by U.S.-based employers surged in March to 60,357, a 71 percent increase from the 35,369 cuts announced in February. Last month’s total is the highest monthly total since April 2016, when 64,141 job cuts were announced, according to a report released Thursday by global outplacement and executive coaching firm Challenger, Gray & Christmas, Inc...

Posted 8 months 1 week

With a tight labor market and skills shortages impacting a number of industries, the nation’s employers are sure to embrace the nearly 3 million students who will graduate with bachelor’s or associate’s degrees this May. The issue will be whether college grads have the requisite skills for the jobs available, according to the annual College Grad...

Posted 8 months 2 weeks

On the heels of #DeleteFacebook and the Cambridge Analytica scandal, Internet and social media users are demanding companies that collect and store personal information prioritize data privacy. Meanwhile, in the EU, major privacy legislation, called General Data Protection Regulation (GDPR), is set to take effect in May. Smart companies have no choice but to take action to protect user data, especially if...

Posted 8 months 3 weeks

In light of the revelation that marketing firm Cambridge Analytica, used by President Trump’s campaign, mined and utilized Facebook user data to influence voters in the 2016 Presidential Election, stock of the tech giant fell 7 percent on Monday, and continues to fall. Meanwhile, the hashtag #DeleteFacebook has begun to trend on Twitter, prompting users to completely delete their accounts and the data...

Pages