The Challenger Report
04 Nov 2015 October Job Cut Report: 50,504 Cuts, Over 13K Due To Oil
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 &...
30 Sep 2015 September Job Cut Report: Employers Slash Nearly 60K, HP Cuts Make Up More Than Half
The third quarter ended with a surge in job cuts, as U.S.-based employers announced plans to shed 58,877 in September, a 43 percent increase from the previous month, according to a report released Thursday by global outplacement consultancy Challenger, Gray & Christmas, Inc. The September...
24 Sep Caterpillar Cuts: Top Job Cuts of 2015
Published September 24, 2015 *Note: We previously listed Chemours/Dupont with 9,100 cuts this year. The Chemours spinoff from Dupont cost 5-7% of 9,100 jobs. Today’s announcement from Caterpillar that it will shed 5,000 workers by the end of 2016, with the possibility of adding another 5,000 job...
03 Sep CNBC: WATCH CEO John Challenger Discuss August 2015 Job Cuts
WATCH here: http://www.cnbc.com/2015/09/03/us-employers-plan-41186-job-cuts-in-augus...
02 Sep 2015 August Job Cut Report: Retail, Manufacturing Contribute to 41,186 Cuts
August Job Cuts Drop After July Surge Published September 2, 2015 Monthly job cuts plunged by more than 60 percent in August after surging to a four-year high in July on massive cuts in military staffing, according to the report Thursday from global outplacement consultancy Challenger, Gray...
05 Aug 2015 July Job Cut Report: 105,696 Highest One-Month Total Since 2011
Massive Troop and Civilian Reductions Lead to First 100,000+ Month Since 2011 Monthly job cuts rocketed to the highest level in nearly four years, as U.S. employers announced plans to shed 105,696 workers from their payrolls in July, according to the report Thursday from global outplacement...
30 Jun 2015 June Job Cut Report: 44,842 Cuts Contribute to Highest Midyear Total in 5 Years
Job cuts increased by about 10 percent in June, as employers announced plans to reduce payrolls by 44,842 workers during the month. Meanwhile, heavier-than-expected downsizing throughout the first half of 2015 pushed the midyear total to its highest level since 2010, according to a...
03 Jun 2015 May Job Cut Report: Oil Cuts Ebb As Employers Cut 41,034
After reaching a three year high in April, planned job cuts announced by U.S.-based firms declined sharply in May, falling by 33 percent to 41,034, according the latest report released Thursday by global outplacement consultancy Challenger, Gray & Christmas, Inc. The latest tally on employer downsizing...
06 May 2015 April Job Cut Report: Cuts Surge to 61,582, 3-Year High
Falling oil prices contributed to a 68 percent surge in job cuts last month, as US-based employers announced workforce reductions totaling 61,582 in April, up from 36,594 in March, according to the latest report on monthly layoffs released Thursday by global outplacement consultancy Challenger, Gray...