June 2015

2015 June Job Cut Report: 44,842 Cuts Contribute to Highest Midyear Total in 5 Years

Job cuts increased by about 10 percent in June, as employers announced plans to reduce payrolls by 44,842 workers during the month. Meanwhile, heavier-than-expected downsizing throughout the first half of 2015 pushed the midyear total to its highest level since 2010, according to a report released Wednesday by global outplacement consultancy Challenger, Gray & Christmas, Inc.

Rise of the Machines: Can Tech Take Over These 5 Jobs?

Are we just a handful of years away from a world ruled by the machines, a la The Terminator? Doubtful, according to employment authority John A. Challenger, chief executive officer of global outplacement firm Challenger, Gray & Christmas, Inc. However, he does warn that some jobs are at higher risk of complete automation; and, it may not necessarily be a bad thing, in some cases.