Published September 19, 2023 Holiday Season 2023 As the 2023 holiday season kicks off, the labor market is starting to cool and employers are hiring at a slower clip. As labor costs and interest rates rise, seasonal employers may rein in their typical hiring sprees, as both...
Published September 12, 2023 The recent Rolling Stone article outlining the alleged toxic environment at ‘Tonight Show Starring Jimmy Fallon’ perfectly illustrates the impact of leadership on building and sustaining a positive culture and the consequences of bully bosses on employee morale, according to one workplace...
Rachelle Akuffo and Stephanie Mikulich Published August 31, 2023 See the original article here. Challenger, Gray & Christmas Inc. Senior Vice President Andy Challenger joined anchor Rachelle Akuffo for a live discussion on recent jobs data. [caption id="attachment_19189" align="aligncenter" width="800"] Rachelle Akuffo and Andy Challenger on Yahoo! Finance Live last month.[/caption] Investors...
Published August 31, 2023 U.S.-based employers announced 75,151 cuts in August, a 217% increase from the 23,697 cuts announced one month prior. It is 267% higher than the 20,485 cuts announced in the same month in 2022, according to a report released Thursday from global outplacement...
By Ray A. Smith Published August 27, 2023 Read full article here. “Reassigning is definitely a huge part of the dynamic right now,” said Andy Challenger, senior vice president at Challenger, Gray & Christmas, an outplacement firm. For companies that spent several years—and significant money—to hire top talent, reassigning workers...
Published August 24, 2023 197 CEOs Leave Posts in July The number of CEO changes at U.S. companies surged in July, as 197 CEOs left their posts last month. It is the highest total since record-setting May, when 224 CEOs exited the top spot, according to a...
Published August 16, 2023 A ‘richcession’ may be underway By Jessica Dickler KEY POINTS There’s a lot of speculation about whether a recession is still on the horizon. Some economists say the country is already experiencing a “richcession,” rather than a broad contraction to come later. Layoffs have...
Published August 15, 2023 This summer, employers added 1,034,000 the lowest total for the summer months since 2010 when 960,000 teen jobs were added, according to an analysis of the latest non-seasonally adjusted figures from the Bureau of Labor Statistics (BLS) from global outplacement and business...
Published August 3, 2023 U.S.-based employers announced 23,697 cuts in July a 42% decrease from the 40,709 cuts announced one month prior. It is 8% lower than the 25,810 cuts announced in the same month last year, and marks the first time this year cuts were...
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