Challenger Survey Reveals 30% of Companies Cut Pay in Response to COVID-19 & half of those respondents did so to avoid suspensions or terminations Posted Jul 4, 2020 Thirty percent of employers chose to cut pay in response to the COVID-19 pandemic. Of those, more than half...
Job cuts announced by U.S.-based employers hit 1,238,364 in the second quarter, the highest quarterly total on record, according to a monthly report released Thursday by global outplacement and business and executive coaching firm Challenger, Gray & Christmas, Inc. June job cuts totaled 170,219, down 57%...
Employers Announce 1.2M Job Cuts in Q2 Job cuts announced by U.S.-based employers hit 1,238,364 in the second quarter, the highest quarterly total on record, according to a monthly report released Thursday by global outplacement and business and executive coaching firm Challenger, Gray & Christmas, Inc. June...
As the country moves into month five of the 2020 COVID recession, 39.4% of job seekers report they believe it will last ten to 12 months, 24.2% say it will last more than one year, and another 9% believe it will last roughly two years,...
Published on: Jun 29, 2020 As the country moves into month five of the 2020 COVID recession, 39.4% of job seekers report they believe it will last ten to 12 months, 24.2% say it will last more than one year, and another 9% believe it will last...
An outpouring of companies has publicly embraced anti-racism and reinforced the Black Lives Matter movement in the aftermath of the death of George Floyd and subsequent weeks-long national protests. According to a new survey released Tuesday by global outplacement and business and executive coaching firm...
Published on: Jun 23, 2020 An outpouring of companies has publicly embraced anti-racism and reinforced the Black Lives Matter movement in the aftermath of the death of George Floyd and subsequent weeks-long national protests. According to a new survey released Tuesday by global outplacement and business and...
New college grads are entering the job market during a confirmed recession, according to the National Bureau of Economic Research, as the unemployment rate for the nation hit 13.3% in May. Looking at past recessions, this does not bode well for these workers’ overall career...
New college grads are entering the job market during a confirmed recession, according to the National Bureau of Economic Research, as the unemployment rate for the nation hit 13.3% in May. Looking at past recessions, this does not bode well for these workers’ overall career...
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