Job cuts announced by U.S.-based employers fell 4.4 percent, from 33,825 in August to 32,346 in September. Last month’s total was 27 percent lower than the 44,324 job cuts announced in the same month last year, according to a report released Thursday by global outplacement and executive coaching firm Challenger, Gray & Christmas, Inc.
While pivoting in the retail sector has caused thousands of store closures, price cuts on merchandise, and consolidation within the industry, retailers are signaling that there might be high demand for seasonal jobs, according to a forecast released Thursday from global outplacement and executive coaching firm Challenger, Gray & Christmas, Inc.
Retailers added fewer workers through the first two-thirds of the typical holiday hiring period, according to an analysis of employment data by global outplacement firm Challenger, Gray & Christmas, Inc.
VP Andy Challenger is back to discuss our November Job Cut Report (very positive), why more companies are avoiding layoffs around the holidays (social media, perhaps?), and how Amazon is using tech to train workers fast, based on this WSJ report.