Job Cut Announcements Drop 34% From March 2019; YTD Cuts Up 31% Published May 2, 2019 U.S.-based employers announced plans to cut 40,023 jobs from their payrolls in April, down 34% from the 60,587 cuts announced in March. This is the lowest monthly total since last August,...
Published on: Apr 3, 2019 U.S.-based employers announced plans to cut 60,587 jobs from their payrolls in March, down 21% from the 76,835 cuts announced in February. Despite the decline, last month’s cuts in the Automotive and Energy sectors added to the highest quarterly total of the...
The shortest month of the year saw the highest number of job cuts in over three-and-a-half years, as U.S.-based employers announced plans to cut 76,835 positions from their payrolls in February. That is 45 percent higher than the 52,988 cuts announced in January, according to...
2018 was the worst year of media layoffs since 2009 Published on: Feb 14, 2019 Consolidation, declining revenue, combative language from the Trump Administration, and occasional violence marked 2018 for members of the media. It was also the year with the highest number of job cut announcements in...
Published on: Jan 30, 2019 The Numbers Employers at U.S.-based companies announced plans to cut 52,988 jobs from their payrolls in January, 20.7 percent higher than the 43,884 announced in December, according to a report released Thursday from global outplacement and executive coaching firm Challenger, Gray & Christmas,...
ANNUAL JOB CUT ANNOUNCEMENTS UP 28.6 PERCENT YEAR OVER YEAR, HIGHEST TOTAL SINCE 2015 Published: Jan 2, 2019 While December was quieter than the previous three months, as employers at U.S.-based companies announced plans to cut 43,884 workers from their payrolls during the month, the year-to-date total...
Published on: Dec 6, 2018 Companies around the globe are beginning to announce large-scale layoff plans, possibly signaling an upcoming downturn. The number of planned layoffs announced by U.S.-based employers totaled 53,073 in November, according to a report released Thursday by global outplacement and executive coaching firm...
2019 Challenger Report Schedule Published on: Nov 28, 2018 All Times Eastern Dates and times subject to change Follow Us! LinkedIn Twitter Facebook # # # Contact Colleen Madden Blumenfeld for more data or to set up an interview with SVP Andy Challenger. ...
Published on: Nov 27, 2018 UPDATE: General Motors is cutting up to 14,000 workers. General Motors announced it would cut 15 percent of its salaried and salaried contract staff, or an estimated 14,000 people, as the company looks to cut costs and pivot to electric vehicles. Meanwhile, CEO...
Published on: Oct 31, 2018 For the third time this year, one company’s announcement has made up the bulk of job cuts for one month, as U.S.-based employers announced plans to cut 75,644 jobs from their payrolls in October, according to a report released Thursday from global...
