Job Cut Report

Challenger July Job Cuts Report: 262,649 Job Cuts in July Announced; Nearly 1.85M Job Cuts in 2020


Job cuts announced by U.S.-based employers jumped in July to 262,649, the third-largest monthly total ever behind April’s 671,129 and May’s 397,016, according to a monthly report released Thursday by global outplacement and business and executive coaching firm Challenger, Gray & Christmas, Inc.

June 2020 Job Cuts Report: Employers Announce 1.2M Job Cuts in Q2; Market Conditions Increasingly Blamed for Cuts

Job cuts announced by U.S.-based employers hit 1,238,364 in the second quarter, the highest quarterly total on record, according to a monthly report released Thursday by global outplacement and business and executive coaching firm Challenger, Gray & Christmas, Inc.

2020 March Job Cut Report: 222,288 Cuts Announced in March, Most Since Jan 2009; COVID Claims 141,844

Job cuts announced by U.S.-based employers surged 292% from February’s total of 56,660 to 222,288 in March. March was the first month to report job cut announcements specifically due to the COVID-19 pandemic, according to a report released Thursday from global outplacement and business and executive coaching firm Challenger, Gray & Christmas, Inc.

COVID19 UPDATE: Job Cut Announcements Surge to 9K; Many Industries Desperate for Workers

Global outplacement and executive and business coaching firm Challenger, Gray & Christmas, Inc. has tracked over 9,000 job cut announcements due to the COVID-19 outbreak. These are confirmed cuts from individual companies. Challenger tracks job cut announcements using media reports, company announcements, state WARN reports, and SEC filings.

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