Challenger Essentials is now Challenger CareerSuite
We’ve upgraded the name of our platform to Challenger CareerSuite to better reflect the comprehensive tools you have access to. Get the details and see the new look!...
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News & Insights
Layoffs Rise over The same period last year
Pharma and Finance Lead as August 2025 Job Cuts Rise 39% to 85,979
U.S. employers announced 85,979 job cuts in August 2025, up 39% from July. Pharma, finance, and retail drive layoffs amid economic uncertainty, AI restructuring, and government cuts, according to the Challenger Report....
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Challenger Essentials is becoming Challenger CareerSuite
Why are we changing the name of our online portal to Challenger CareerSuite? Learn how our platform has evolved to become a powerful all-in-one resource for your career transition....
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FAQs: Challenger Essentials is becoming Challenger CareerSuite
The change from Challenger Essentials to Challenger CareerSuite will be seamless for our clients. Learn more here. ...
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CEO Exits Stall in July; 123 CEOs Out, Down 41% From June
CEO turnover stalled in July as exits fell 41% from June. Exits remain an all-time high as uncertainty and economic pressures impact leaders....
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Summer Lull Ends: July 2025 Job Cut Announcements Spike to 62,075, Tech, AI & Tariffs Increasingly Blamed
Job cuts surged to 62,075 in July 2025, ending the summer lull. Tech, AI, tariffs, and federal budget cuts are driving major layoffs, according to the latest Challenger Report....
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CEOs Leave at a Faster Clip in June 2025; Boards Experiment with Interim Leadership
CEO turnover rose 23% in June 2025. Challenger data shows more interim CEOs as companies navigate economic uncertainty, tech shifts, and workforce pressures....
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Women Leadership Crisis: Fewer Women Rise to CEO Role in 2025, Pay Gap Remains
In 2025, just 25% of new CEOs are women—a decline from last year. To address this, Texas Women’s Foundation and Challenger, Gray & Christmas launch the Executive Leadership Accelerator, a six-month program preparing senior women in Texas for C-suite leadership....
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Summer Lull in June 2025 as Companies Announce Virtually the Same Number of Cuts as Last Year; Highest Q2, YTD Cuts Since 2020
U.S. companies announced 47,999 job cuts in June 2025, nearly matching last year’s total. Q2 layoffs reached the highest level since 2020, with Retail, Tech, and Government leading....
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