Job cuts announced by U.S.-based employers jumped to 50,275 in October, 20.97% higher than the 41,557 announced in September, according to a report released Thursday from global outplacement and business and executive coaching firm Challenger, Gray & Christmas, Inc. Last month’s total is 33.5% lower than...
Job cuts announced by U.S.-based employers fell to 41,557 in September, 22.3% lower than the 53,480 announced in August. This is the second lowest monthly total in 2019, according to a report released Thursday from global outplacement and business and executive coaching firm Challenger, Gray...
Despite a record number of hiring announcements for the holiday season last year, Retailers added the lowest number of jobs since 2009, 625,600 in the final quarter of 2018, according to an analysis of non-seasonally adjusted data from the Bureau of Labor Statistics (BLS) by...
U.S.-based employers ramped up the pace of downsizing in August, as companies announced plans to cut 53,480 jobs from their payrolls. This is up 37.7% from July’s total of 38,845, according to the latest report on job cuts released Thursday from global outplacement and business...
Despite some indicators pointing to a potential downturn, such as the slowdown in manufacturing and automotive, lower business investment, and waning market confidence, the labor market remains tight and companies everywhere are looking to attract and hire talent. This Labor Day, job seekers would be...
Published on: Aug 15, 2019 Challenger estimates workers spend 30 minutes during otherwise productive time – meaning outside breaks or the lunch hour – every work day checking their players, proposing trades, and researching the league. For its estimate, Challenger used the Nielsen finding that...
The pace of downsizing slowed in July, as U.S.-based employers announced plans to cut 38,845 jobs from their payrolls, down 7.5% from the 41,977 cuts announced in June, according to the latest report on job cuts released Thursday from global outplacement and business and executive...
Personal devices are ubiquitous in 2019, and workers nationwide are using them in their professional lives. This use of personal devices and employers’ expectations that their employees be available outside of work hours introduces a host of new problems for both employees and employers, including...
U.S.-based employers announced plans to cut 140,577 jobs from their payrolls in the second quarter of this year, down 26% from the 190,410 cuts announced in the first quarter. Despite the drop, Q2 cuts are 34% higher than the 104,800 cuts announced in the same...
The response to the #MeToo movement in the workplace continues, according to a survey of 150 human resources executives conducted at companies of various sizes and industries nationwide by global outplacement and executive and business coaching firm Challenger, Gray & Christmas, Inc. In the survey, 51%...
