By Ray A. Smith Published August 27, 2023 Read full article here. “Reassigning is definitely a huge part of the dynamic right now,” said Andy Challenger, senior vice president at Challenger, Gray & Christmas, an outplacement firm. For companies that spent several years—and significant money—to hire top talent, reassigning workers...
Published August 24, 2023 197 CEOs Leave Posts in July The number of CEO changes at U.S. companies surged in July, as 197 CEOs left their posts last month. It is the highest total since record-setting May, when 224 CEOs exited the top spot, according to a...
Published August 16, 2023 A ‘richcession’ may be underway By Jessica Dickler KEY POINTS There’s a lot of speculation about whether a recession is still on the horizon. Some economists say the country is already experiencing a “richcession,” rather than a broad contraction to come later. Layoffs have...
Published August 15, 2023 This summer, employers added 1,034,000 the lowest total for the summer months since 2010 when 960,000 teen jobs were added, according to an analysis of the latest non-seasonally adjusted figures from the Bureau of Labor Statistics (BLS) from global outplacement and business...
Published August 3, 2023 U.S.-based employers announced 23,697 cuts in July a 42% decrease from the 40,709 cuts announced one month prior. It is 8% lower than the 25,810 cuts announced in the same month last year, and marks the first time this year cuts were...
Published July 26, 2023 The number of CEO changes at U.S. companies fell to the lowest total in five months, as 118 CEOs left their posts last month. It is the lowest total since January of this year, when 112 CEOs exited the top spot, according...
Published July 18, 2023 2023 Teen Summer Job Update In June, employers added 762,000 jobs for workers aged 16 to 19, according to the latest non-seasonally adjusted figures from the Bureau of Labor Statistics (BLS). For May and June, teens have gained 812,000 positions, the lowest total...
Published July 6, 2023 U.S.-based employers announced 40,709 cuts in June, down 49% from the 80,089 cuts announced in May. It is up 25% from the 32,517 announced in the same month one year prior, according to a report released Thursday from global outplacement and business...
Published June 22, 2023 224 CEOs Leave Posts in May The number of CEO changes at U.S. companies hit the highest total for a single month on record in May with 224, up 52% from the 147 in April. May’s total is up 49% from the 150...
Published June 14, 2023 Teens Take Fewest Positions in May Since 2010, But Working at Great Recession Levels Employers hired 50,000 teens in May, according to non-seasonally adjusted data from the Bureau of Labor Statistics (BLS), the fewest jobs in May since 6,000 jobs were created in...
Published June 12, 2023 Our Vice President Lisa Turesky hosted a roundtable discussion in Boston for Human Resources and business leaders. She welcomed esteemed guest Joseph B. Fuller, Professor at Harvard Business School for Executive Management. Joe focused on the future of our work culture and...
[caption id="attachment_18397" align="aligncenter" width="2048"] Source: Challenger, Gray & Christmas, Inc. ©[/caption] Employee Priorities [caption id="attachment_18396" align="aligncenter" width="2048"] Source: Challenger, Gray & Christmas, Inc. ©[/caption] Layoffs [caption id="attachment_18395" align="aligncenter" width="2048"] Source: Challenger, Gray & Christmas, Inc. ©[/caption] [caption id="attachment_18394" align="aligncenter" width="2048"] Source: Challenger, Gray & Christmas, Inc. ©[/caption] Leadership [caption id="attachment_18393" align="aligncenter" width="2048"]...
