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02 Aug 28,307 July Job Cuts – Lowest Monthly Total Since November; Hiring At Record Number

Posted at 10:00h in The Challenger Report
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Published on: Aug 2, 2017 U.S.-based employers announced plans to cut payrolls by 28,307 jobs in July, the lowest monthly total since November 2016. Meanwhile, over 88,000 hiring announcements were recorded last month, the third-highest hiring month of the year and highest July total on record, according...

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31 Jul Scaramucci’s Scary Interview: Is It Ever Appropriate to Use Profanity at Work?

Posted at 11:45h in Economy & Workplace
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UPDATE: Later today, after Gen. John Kelly was sworn in as new Chief of Staff, the White House announced Anthony Scaramucci was no longer Communications Director. It seems this "scary interview" cost him is job. The new White House Communications Director, Anthony Scaramucci, made the news...

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25 Jul NEW SURVEY: Do You Contact Employees After Work Hours?

Posted at 09:32h in Challenger Survey
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Published on: Jul 25, 2017 We're conducting research on whether managers contact their subordinates after work hours, how they contact them, and for what reasons. Any insight is appreciated. Take the survey here: https://www.surveymonkey.com/r/EmployeeDigitalComm...

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25 Jul In Light of Spicer’s Resignation, How Can Workers Quit Gracefully

Posted at 08:11h in Economy & Workplace
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Last week, Sean Spicer suddenly resigned from his position as White House Press Secretary. According to The New York Times, this resignation was prompted by Anthony Scaramucci’s hiring as Communications Director. While most Americans will never have to navigate quitting a job under the scrutiny...

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19 Jul The Future of Retail: New Tech Will Change Landscape, Create A Different Retail Job

Posted at 08:11h in Economy & Workplace
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Retailers across the nation are struggling to adapt to consumer demand and new technologies, leading to massive job cuts and thousands of announced store closures. The retail landscape is likely to evolve even further, as tools like virtual reality enter the shopping experience, according to...

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17 Jul Teen Summer Hiring Explodes: Over 1M Job Gains in June 2017

Posted at 08:26h in Teen Employment
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Published July 17, 2017 Teen hiring exploded in June after a below-average May, as 1,023,000 workers aged 16 to 19 landed positions, according to the latest analysis by global outplacement and executive coaching firm Challenger, Gray & Christmas, Inc. Employment among 16- to 19-year-olds was revised down...

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13 Jul Number of CEOs Felled by Scandal Falls in 2017

Posted at 08:24h in CEO Turnover Report
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Published July 13, 2017 Last month’s prominent resignation of Uber CEO Travis Kalanick brought corporate culture and executive scandal once more to the forefront. Despite a handful of newsworthy items, the number of scandal-ridden CEOs who have left their posts seems to be declining, according to...

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12 Jul June CEO Departures Jump Nearly 19 Percent; Yearly Departures Down 9 Percent

Posted at 08:20h in CEO Turnover Report
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The pace of chief executive officer departures jumped in June, as 95 CEOs left their posts last month. That is an 18.7 percent increase from the 80 exits in May, and 2 percent fewer than the 97 CEOs who left their posts during the same...

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05 Jul 2017 June Job Cut Report: 31,105 June Cuts, Retail Leads

Posted at 12:53h in The Challenger Report
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 Published on: Jul 5, 2017  JOB CUTS FALL 28 PERCENT IN FIRST HALF OF YEAREmployers announced plans to cut payrolls by 31,105 jobs in June, the lowest monthly total of the year according to a report released Thursday by global outplacement consultancy Challenger, Gray & Christmas, Inc. The...

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27 Jun Work Perks: Unusual Benefits to Attract Talent

Posted at 08:06h in Economy & Workplace
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Attracting and retaining top talent is necessary to build effective teams that are strong, motivated, and a great cultural fit for the company. Employees want to be rewarded for their work, and employers have started to look beyond traditional hiring bonuses and benefits as a...

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