The pace of chief executive officer departures slowed to the lowest level since February, as 97 CEOs left their posts in June. That was down 3 percent from 100 in May and 5 percent from the 102 who left their posts in June of last year, according to a report released Wednesday by global outplacement consultancy Challenger, Gray & Christmas, Inc.
Monthly job cuts rocketed to the highest level in nearly four years, as U.S. employers announced plans to shed 105,696 workers from their payrolls in July, according to the report Thursday from global outplacement consultancy Challenger, Gray & Christmas, Inc.
The government shutdown that went into effect today, due to the inability of Congress to negotiate an agreement on a new budget, could have dire consequences for the economy at large, according to John A. Challenger, chief executive officer of global outplacement consultancy Challenger, Gray & Christmas, Inc.