The Challenger Report
01 Oct 2014 September Job Cut Report: 30,477 Cuts Could Spell Lowest Year Since 1997
Monthly job cuts fell to their lowest level in 14 years in September, as U.S.-based employers announced workforce reductions totaling 30,477 during the month. As the fourth quarter begins, 2014 is on pace to be the lowest job-cut year since 1997. The September total plunged...
03 Sep 2014 August Job Cut Report: US Companies Announce 40,010 Cuts
Planned job cuts announced by US-based employers totaled 40,010 in August, a 15 percent decline from the 46,887 planned layoffs reported in July, according to the report released Thursday by global outplacement consultancy Challenger, Gray & Christmas, Inc. The August total was 21 percent lower...
30 Jul 2014 July Job Cut Report: 46,887 Job Cuts Announced Boosted by Microsoft
The unexpectedly large layoffs announced by Microsoft helped push July job cuts to the second highest level of the year. In all, U.S.-based employers reported plans to reduce payrolls by 46,887 during the month, according to the report released Thursday by global outplacement consultancy...
28 Jul On Heels of Microsoft Announcement, Tech Cuts Soar 68 Percent in First Half of 2014
Even before Microsoft announced plans to reduce its workforce by 18,000, a new report shows that job cuts in the technology sector were well ahead of last year’s pace. Through the first half of 2014, employers in the technology sector announced plans to cut...
02 Jul 2014 June Job Cut Report: 31,434 Cuts Lowest of the Year
After climbing to a 15-month high in May, planned job cuts announced by U.S.-based employers in June plunged 41 percent to 31,434, the lowest one-month total so far this year. Through the first half of 2014, the pace of job cutting is down 5.0...
05 Jun 2014 May Job Cuts: 52,961 Highest Monthly Total in 15 Months
Job cuts climbed to the highest level in more than a year, as US-based employers announced plans to reduce payrolls by 52,961 in May, according to the report Thursday from global outplacement consultancy Challenger, Gray & Christmas, Inc. May job cuts were up 31 percent from...
01 May Job cuts rise in April to 40,298 on Retail, Financial
Job Cuts Rise 17 Percent in April to 40,298 http://t.co/Tgj75gwwm8 — ChallengerGray (@ChallengerGray) May 1, 2014 ...
01 May 2014 April Job Cut Report: Job Cuts Rise 17% to 40,298
EMPLOYERS ANNOUNCE 40,298 JOB CUTS; 2014 PACE STILL LOWEST SINCE 1997 Job cut announcements by U.S.-based firms were up 17 percent in April, as employers in retail and financial services continued to shed workers in a challenging business environment. Employers announced plans to shed 40,298...
03 Apr 2014 March Job Cut Report: 34,399 Cuts Close Lowest Q1 in Nearly 20 Years
New figures released Thursday by global outplacement consultancy Challenger, Gray & Christmas, Inc. show employers announced the fewest first-quarter job cuts in 19 years, providing further evidence that the economy continues to gain strength as it enters the sixth year of recovery. The first...