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28 Jul On Heels of Microsoft Announcement, Tech Cuts Soar 68 Percent in First Half of 2014

Posted at 09:23h in The Challenger Report
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Even before Microsoft announced plans to reduce its workforce by 18,000, a new report shows that job cuts in the technology sector were well ahead of last year’s pace. Through the first half of 2014, employers in the technology sector announced plans to cut...

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02 Jul 2014 June Job Cut Report: 31,434 Cuts Lowest of the Year

Posted at 09:50h in The Challenger Report
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After climbing to a 15-month high in May, planned job cuts announced by U.S.-based employers in June plunged 41 percent to 31,434, the lowest one-month total so far this year. Through the first half of 2014, the pace of job cutting is down 5.0...

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05 Jun 2014 May Job Cuts: 52,961 Highest Monthly Total in 15 Months

Posted at 06:26h in The Challenger Report
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Job cuts climbed to the highest level in more than a year, as US-based employers announced plans to reduce payrolls by 52,961 in May, according to the report Thursday from global outplacement consultancy Challenger, Gray & Christmas, Inc. May job cuts were up 31 percent from...

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01 May Job cuts rise in April to 40,298 on Retail, Financial

Posted at 06:38h in The Challenger Report
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Job Cuts Rise 17 Percent in April to 40,298 http://t.co/Tgj75gwwm8 — ChallengerGray (@ChallengerGray) May 1, 2014 ...

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01 May 2014 April Job Cut Report: Job Cuts Rise 17% to 40,298

Posted at 06:27h in The Challenger Report
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EMPLOYERS ANNOUNCE 40,298 JOB CUTS; 2014 PACE STILL LOWEST SINCE 1997 Job cut announcements by U.S.-based firms were up 17 percent in April, as employers in retail and financial services continued to shed workers in a challenging business environment. Employers announced plans to shed 40,298...

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03 Apr 2014 March Job Cut Report: 34,399 Cuts Close Lowest Q1 in Nearly 20 Years

Posted at 06:33h in The Challenger Report
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New figures released Thursday by global outplacement consultancy Challenger, Gray & Christmas, Inc. show employers announced the fewest first-quarter job cuts in 19 years, providing further evidence that the economy continues to gain strength as it enters the sixth year of recovery. The first...

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06 Mar 2014 February Job Cut Report: Announced Layoffs Fall to 41,835

Posted at 06:32h in The Challenger Report
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The pace of downsizing declined slightly in the second month of the new year, as U.S.-based employers announced plans to cut payrolls by 41,835 in February. The February total was 7.3 percent lower than the 45,107 job cuts employers announced to kick off 2014,...

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06 Feb 2014 January Job Cut Report: Planned Cuts Surge 50 Percent

Posted at 06:25h in The Challenger Report
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After falling to a 13-year low in December, monthly job cuts surged nearly 50 percent to kick off 2014, as U.S.-based employers announced plans to reduce their payrolls by 45,107 in January, according to the latest report on monthly job cuts released Thursday by global...

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04 Feb 2013 Tech Report: Tech Sheds 11% of All Job Cuts

Posted at 07:18h in The Challenger Report
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After climbing to a three-year high in 2012, planned job cuts announced by firms in the technology sector declined by 32 percent in 2013 as employers focused on hiring in several growing areas, including big data, cloud computing and security, according to a semi-annual report...

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09 Jan 2013 December Job Cut Report: Fewest Layoff Announcements Since 1997

Posted at 06:25h in The Challenger Report
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Announced job cuts fell to the lowest level of the year in December as U.S.-based employers reported plans to reduce payrolls by 30,623 during the month. That was down 32 percent from a November total of 45,314. For the year, job cuts were...

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