Published June 5, 2025U.S.-based employers announced 93,816 job cuts in May, down 12% from 105,441 cuts in April, and up 47% from 63,816 announced in the same month last year, according to a report released Thursday from global outplacement and business and executive coaching firm...
Published September 25, 2024 Conducted online among 182 HR executives and business leaders nationwide by global outplacement and business and executive coaching firm Challenger Gray & Christmas. Survey: How Cost-Cutting is Shaping the Workplace in 2024 Companies are indeed in cost-cutting mode as we enter the final...
Published September 5, 2024 U.S.-based employers announced 75,891 cuts in August, a 193% increase from the 25,885 cuts announced one month prior. It is up 1% from the 75,151 cuts announced in the same month in 2023, according to a report released Thursday from global outplacement...
Published May 2, 2024 U.S.-based employers announced 64,789 cuts in April, a 28% decrease from the 90,309 cuts announced one month prior. It is down 3.3% from the 66,995 cuts announced in the same month in 2023, according to a report released Thursday from global outplacement...
Published January 2, 2024 Adapting to Evolving Job Market Realities and Maximizing Opportunities in 2024 The job market is loosening, and employers are not as quick to hire. The labor market appears to be stabilizing with a more normal churn, though we expect to continue to see...
Published June 12, 2023 Our Vice President Lisa Turesky hosted a roundtable discussion in Boston for Human Resources and business leaders. She welcomed esteemed guest Joseph B. Fuller, Professor at Harvard Business School for Executive Management. Joe focused on the future of our work culture and...
Published May 18, 2023 The number of CEO changes at U.S. companies rose 6% from the 139 in March to 147 in April. April’s total is up 20% from the 123 CEOs who left their posts in the same month one year prior, according to a...
Published April 4, 2023 In the face of new artificial intelligence models like ChatGPT, labor experts are struggling to understand the implication on the labor market. Goldman Sachs estimated 18% of jobs could be eliminated due to AI technology globally. To see what the software itself thought...
