In the final month before the general election, planned job cuts announced by U.S.-based employers fell to the second lowest level of the year, according to the report released Thursday by global outplacement consultancy Challenger, Gray & Christmas, Inc. Employers announced 30,740 job cuts in October,...
Monthly job cuts increased to close out the third quarter, as employers announced plans to shed 44,324 workers from the payrolls in September, according to the report released Thursday by global outplacement consultancy Challenger, Gray & Christmas, Inc. Last month’s total was 38 percent higher than...
Downsizing slowed in August, as US-based employers announced plans to cut their payrolls by 32,188, a 29 percent decline from the 45,346 cuts in July, according to the report released Thursday by global outplacement consultancy Challenger, Gray & Christmas, Inc. The August figure was the lowest...
Published August 17, 2016 UPDATE: Cisco confirms they will cut 5,500 jobs While the company has not officially confirmed the news, reports out of Silicon Valley suggest that tech giant Cisco Systems is preparing to shed 14,000 workers from its payroll. If true, it would represent the...
The pace of layoffs ticked up in July, as employers announced plans to shed 45,346 workers from their payrolls. That represents a 19 percent increase from 38,536 job cuts in June, according to the report released Thursday by global outplacement consultancy Challenger, Gray &...
Employers announced plans to cut payrolls by 38,536 jobs in June, an increase from May, but still well below the 12-month average and indicative of a positive employment environment, according to the report released Thursday by global outplacement consultancy Challenger, Gray & Christmas, Inc. The June...
The number of job cuts announced by U.S.-based employers fell sharply in May, with a total of 30,157 planned workforce reductions recorded during the month, according to the latest report released Thursday from global outplacement consultancy Challenger, Gray & Christmas, Inc. The May total was 53...
More Than 250,000 Cuts in 2016; Most Since 2009 Published May 4, 2016 The pace of downsizing increased in April, as US-based employers announced workforce reductions totaling 65,141 during the month, according to the latest report released Thursday from global outplacement consultancy Challenger, Gray & Christmas, Inc. The...
MONTHLY JOB CUTS FALL IN MARCH, Q1 TOTAL UP 29%Heavy Layoffs in Energy and Retail Drive IncreaseWe revised energy cuts down 4,000 in March.The total was 29% lower than the previous month Job cuts declined for the second consecutive month in March, as US-based employers announced...
