Published March 9, 2023 In the shortest month of the year, U.S.-based employers announced 77,770 job cuts in February, down a 24% from the 102,943 cuts announced in January. It is 410% higher than the 15,245 cuts announced in the same month last year, according to...
Published February 28, 2022 The number of CEO changes at U.S. companies rose 12% from the 100 in December to 112 in January. January’s total is down 10% from the 125 CEOs who left their posts in the same month one year prior, according to a...
How to Discuss a Layoff and Take the Next Best Steps Being laid off is always difficult, but one of the hardest parts can be sharing the news. The recent spate of layoffs impacting nearly every sector, Technology and Finance especially, means thousands of workers are now...
Published February 2, 2023 U.S.-based employers announced 102,943 cuts in January, a 136% increase from the 43,651 cuts announced in December. It is 440% higher than the 19,064 cuts announced in the same month in 2022, according to a report released Thursday from global outplacement...
By Jeanne Sahadi, CNN Published January 25, 2023 Original article. A better way A layoff may be a business decision for the company. But it’s entirely personal and highly stressful to the laid-off individual. So handling how the news is delivered compassionately is critical. Let people know what to expect. Even...
Published January 23, 2023 The news of increasing layoffs can lead to disengagement among remaining staff, often referred to as survival syndrome. Unless employers apply care and attention to their layoff communications, they may end up with teams of survivor quitters, according to one workplace authority. “It's...
Published January 19, 2023 The number of CEO changes at U.S. companies rose 5% from the 95 in November to 100 in December. December’s total is down 6% from the 106 CEOs who left their posts in the same month one year prior, according to a...
Published January 11, 2023 Fewest Seasonal Retail Jobs Added Since 2009 While many employers planned for an economic downturn to begin 2023, the labor market remains tight and the economy added a solid number of jobs to end the year. Despite this, Retailers added the lowest number...
Published January 5, 2023 U.S.-based employers announced 43,651 cuts in December, falling 43% from the 76,835 announced in November. It is up 129% from the 19,052 cuts announced in the same month in 2021, according to a report released Thursday from global outplacement and business and...
Published December 26, 2022 With the New Year approaching, layoffs and recession concerns have dominated the news, and many will be looking for new positions to start 2023. While a daunting task, the job market remains strong for the time being. Now is the perfect time...
Published December 22, 2022 The year-end bonus is a tradition for many employers, but this year, companies are taking a more cautious approach, according to survey results released Thursday from global outplacement and business and executive coaching firm Challenger, Gray & Christmas, Inc. In the Challenger Holiday...
PUBLISHED December 14, 2022 The number of CEO changes at U.S. companies rose 34% from the 71 in October to 95 in November. November’s total is down 3% from the 98 CEOs who left their posts in the same month last year, according to a report...
