More Than 250,000 Cuts in 2016; Most Since 2009 Published May 4, 2016 The pace of downsizing increased in April, as US-based employers announced workforce reductions totaling 65,141 during the month, according to the latest report released Thursday from global outplacement consultancy Challenger, Gray & Christmas, Inc. The...
The technology sector is in a constant state of change, a fact that often has negative consequences for those employed in the industry. The latest casualties are 12,000 employees at Intel, which announced the job cuts Tuesday as part of a shift away from...
MONTHLY JOB CUTS FALL IN MARCH, Q1 TOTAL UP 29%Heavy Layoffs in Energy and Retail Drive IncreaseWe revised energy cuts down 4,000 in March.The total was 29% lower than the previous month Job cuts declined for the second consecutive month in March, as US-based employers announced...
February Job Cuts Fall 18% Published March 3, 2016 After surging to a six-month high to begin the new year, downsizing slowed in February, as US-based employers announced 61,599 job cuts during the month, 18 percent fewer than the 75,114 in January, according to a report released...
MONTHLY JOB CUTS SURGE 218% TO 75,114 IN JANUARYHeavy Layoffs in Energy and Retail Drive Increase Heavy downsizing in the retail and energy sectors pushed monthly job cut announcements to their highest level since last summer, according to the latest report on monthly job cuts released...
After reaching a five-year high in 2014, job cuts announced by employers in the U.S. technology sector declined 21 percent in 2015, according to a new analysis of layoff data by global outplacement firm Challenger, Gray & Christmas, Inc. Employers in the...
Fewest monthly job cuts in more than 15 years Lowest December total on record Q4 total lowest quarterly total since Q3 2012 A strong economy, coupled with what appears to be a growing reluctance to announce layoffs during the holidays, contributed to December experiencing the lowest number of...
After a four-month stretch that saw more than a quarter of a million job cuts announced by U.S.-based firms, planned layoffs in November fell to the lowest level in more than a year, according to the report released Thursday by global outplacement consultancy Challenger, Gray...
The nation’s employers announced plans to eliminate 50,504 workers from their payrolls in October. More than one-quarter of those were oil-related job cuts, which climbed to a six-month high, according to the latest layoff report released Thursday by global outplacement consultancy Challenger, Gray &...
