August 2019 Challenger Report Published September 4, 2019 U.S.-based employers ramped up the pace of downsizing in August, as companies announced plans to cut 53,480 jobs from their payrolls. This is up 37.7% from July’s total of 38,845, according to the latest report on job cuts released...
The pace of downsizing slowed in July, as U.S.-based employers announced plans to cut 38,845 jobs from their payrolls, down 7.5% from the 41,977 cuts announced in June, according to the latest report on job cuts released Thursday from global outplacement and business and executive...
The shortest month of the year saw the highest number of job cuts in over three-and-a-half years, as U.S.-based employers announced plans to cut 76,835 positions from their payrolls in February. That is 45 percent higher than the 52,988 cuts announced in January, according to...
Published February 6, 2019 U.S.-based companies announced 157 chief executive officer changes to start the year, the highest monthly total on record, according to a report released Wednesday from global outplacement and executive coaching firm Challenger, Gray & Christmas, Inc. January’s total was 21.7 percent higher than...
The unemployment rate in the United States is historically low, sitting around 3.7 percent in September, according to the Bureau of Labor Statistics (BLS). However, the current low employment rate does not include the more than 5 million workers who are no longer counted in...
Published October 16, 2018 With Amazon’s announcement that the company will hire 100,000 seasonal workers, holiday hiring announcements this year have surpassed the previous record total of nearly 696,000 seasonal jobs set in 2014. Companies hiring seasonal workers for the holidays have announced 704,000 jobs this...
A total of 94 Chief Executive Officers left their posts in July, up 4 percent from June’s total of 90, according to a report released Wednesday by global outplacement consultancy and executive coaching firm Challenger, Gray & Christmas, Inc. July departures are 8 percent lower than...
Published on: Aug 1, 2018 The pace of downsizing fell to the lowest level of the year in July, as U.S.-based employers announced plans to cut 27,122 workers from payrolls during the month, according to a report released Thursday by global outplacement and executive coaching firm Challenger,...
Published on: Jul 24, 2018 Companies in Hiring Mode in Tight Labor Market With a booming economy and tight labor market, it’s no wonder companies are in hiring mode. According to a new survey from global outplacement and executive coaching firm Challenger, Gray & Christmas, Inc., 64...
Published on: May 2, 2018 Job cuts announced by U.S.-based employers fell 40.2 percent in April to 36,081, the second lowest monthly total for the year, according to a report released Thursday by global outplacement and executive coaching firm Challenger, Gray & Christmas, Inc. April’s total belies a...
