Published July 6, 2023 U.S.-based employers announced 40,709 cuts in June, down 49% from the 80,089 cuts announced in May. It is up 25% from the 32,517 announced in the same month one year prior, according to a report released Thursday from global outplacement and business...
[caption id="attachment_18397" align="aligncenter" width="2048"] Source: Challenger, Gray & Christmas, Inc. ©[/caption] Employee Priorities [caption id="attachment_18396" align="aligncenter" width="2048"] Source: Challenger, Gray & Christmas, Inc. ©[/caption] Layoffs [caption id="attachment_18395" align="aligncenter" width="2048"] Source: Challenger, Gray & Christmas, Inc. ©[/caption] [caption id="attachment_18394" align="aligncenter" width="2048"] Source: Challenger, Gray & Christmas, Inc. ©[/caption] Leadership [caption id="attachment_18393" align="aligncenter" width="2048"]...
Published April 13, 2023 Will Employers Add More Jobs for Teens in Face of Possible Recession? Last year, the annual unemployment rate for teens, at 10.8%, was at its lowest point since 1953, according to non-seasonally adjusted data from the Bureau of Labor Statistics (BLS). This data...
Published April 6, 2023 U.S.-based employers announced 89,703 cuts in March, up 15% from the 77,770 announced in February. It is up 319% from the 21,387 cuts announced in the same month in 2022, according to a report released Thursday from global outplacement and business and...
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...
How to Discuss a Layoff and Take the Next Best Steps Being laid off is always difficult, but one of the hardest parts can be sharing the news. The recent spate of layoffs impacting nearly every sector, Technology and Finance especially, means thousands of workers are now...
Published January 5, 2023 U.S.-based employers announced 43,651 cuts in December, falling 43% from the 76,835 announced in November. It is up 129% from the 19,052 cuts announced in the same month in 2021, according to a report released Thursday from global outplacement and business and...
Published December 26, 2022 With the New Year approaching, layoffs and recession concerns have dominated the news, and many will be looking for new positions to start 2023. While a daunting task, the job market remains strong for the time being. Now is the perfect time...
Published December 2, 2022 As pandemic concerns recede to probably their lowest point since lockdowns began in early 2020, companies are ready to celebrate in-person with their teams. According to new survey results from global outplacement and business and executive coaching firm Challenger, Gray & Christmas,...
Published December 1, 2022 U.S.-based employers announced 76,835 cuts in November, a 127% increase from the 33,843 cuts announced in October. It is 417% higher than the 14,875 cuts announced in the same month last year, according to a report released Thursday from global outplacement...
