Published October 25, 2023 Read the full report here. Scroll to see a breakdown of the infographic below. Read the full report here. [caption id="attachment_19775" align="alignright" width="816"] Source: Challenger, Gray & Christmas, Inc. ©[/caption] Highlights from the fall 2023 Challenger Survey include: 46% of companies expect a recession. 29%...
Published October 19, 2023 The number of CEO changes at U.S. companies rose in September as 164 CEOs left their posts in the month. It is up 4.5% from the 157 CEO changes announced in August, and up 122% from the 74 CEOs who left their...
Published October 17, 2023 See the full infographic HERE. Several economic indicators suggest that while the labor market remains tight, consumers and businesses are approaching the end of the year with caution. In a new survey, 46% of companies expect a recession, with 24% actively planning for...
Published October 5, 2023 U.S.-based employers announced 47,457 cuts in September, down 37% from the 75,151 cuts announced in August. It is up 58% from the 29,989 announced in the same month one year prior, according to a report released Thursday from global outplacement and business...
Published September 29, 2023 [caption id="attachment_19445" align="alignleft" width="417"] Challenger SVPs Pete Tzavalas and Andrew Challenger[/caption] Last week, Challenger, Gray & Christmas, Inc. SVPs, Andy Challenger and Pete Tzavalas attended the annual National Human Resources Association Los Angeles Chapter (NHRA-LA), Executive of the Year Awards Gala. The NHRA-LA...
Published September 26, 2023 157 CEOs Leave Their Posts in August, Up 149% Over Last Year The number of CEO changes at U.S. companies remained high in August as 157 CEOs left their posts in the month. It is down 20% from the 197 CEO changes announced...
Published September 20, 2023 Challenger’s Toni Thomas hosted "Tell Two HR Friends," a dynamic networking event for Human Resources (HR) professionals and job seekers, bringing together an engaging community of talent acquisition experts and HR leaders at Rosalie in Wayne, PA. [caption id="attachment_19387" align="aligncenter" width="800"] Toni Thomas...
Published September 19, 2023 Holiday Season 2023 As the 2023 holiday season kicks off, the labor market is starting to cool and employers are hiring at a slower clip. As labor costs and interest rates rise, seasonal employers may rein in their typical hiring sprees, as both...
Published September 12, 2023 The recent Rolling Stone article outlining the alleged toxic environment at ‘Tonight Show Starring Jimmy Fallon’ perfectly illustrates the impact of leadership on building and sustaining a positive culture and the consequences of bully bosses on employee morale, according to one workplace...
Rachelle Akuffo and Stephanie Mikulich Published August 31, 2023 See the original article here. Challenger, Gray & Christmas Inc. Senior Vice President Andy Challenger joined anchor Rachelle Akuffo for a live discussion on recent jobs data. [caption id="attachment_19189" align="aligncenter" width="800"] Rachelle Akuffo and Andy Challenger on Yahoo! Finance Live last month.[/caption] Investors...
Published August 31, 2023 U.S.-based employers announced 75,151 cuts in August, a 217% increase from the 23,697 cuts announced one month prior. It is 267% higher than the 20,485 cuts announced in the same month in 2022, according to a report released Thursday from global outplacement...
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...
