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06 Feb January 2025 Job Cuts Announced by US-Based Companies Rise 28% to 49,795, Down 40% from January 2024

Posted at 06:30h in The Challenger Report
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Published February 6, 2025 U.S.-based employers announced 49,795 cuts in January, up 28% from the 38,792 announced one month prior. It is down 40% from the 82,307 cuts announced in January 2024, according to a report released Thursday from global outplacement and business and executive coaching...

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05 Dec November 2024 Job Cuts Rise: Auto and Tech Industries Lead Amid Economic Pressures

Posted at 06:30h in The Challenger Report
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Published December 5, 2024 U.S.-based employers announced 57,727 cuts in November, a 3.8% increase from the 55,597 cuts announced one month prior. It is up 26.8% from the 45,510 cuts announced in the same month in 2023, according to a report released Thursday from global outplacement...

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31 Oct Job Cuts Fall in October 2024, But YTD Up 4% from Last Year

Posted at 06:30h in The Challenger Report
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Published October 31, 2024 U.S.-based employers announced 55,597 cuts in October, down 23.7% from the 72,821 cuts announced one month prior. It is 51% higher than the 36,836 cuts announced in the same month in 2023, according to a report released Wednesday from global outplacement and...

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03 Oct Job Cuts Flat in September 2024 from August; YTD Surpasses 2023

Posted at 06:30h in The Challenger Report
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Published October 3, 2024 U.S.-based employers announced 72,821 cuts in September, a 4% decrease from the 75,891 cuts announced one month prior. It is up 53% from the 47,457 cuts announced in the same month in 2023, according to a report released Thursday from global outplacement...

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12 Sep New York Times Coverage with SVP Andy Challenger

Posted at 16:26h in News
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By Ben Casselman Published September 12, 2024 Past economic cycles show that unemployment starts to tick up ahead of a recession, with wide-scale layoffs coming only later. ...

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09 Sep Yahoo! Finance: Labor market data will be a ‘tipping point’ for the Fed: Andy Challenger Interview

Posted at 17:56h in News, The Challenger Report
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By Brad Smith, Host PUBLISHED September 6, 2024 Read on Yahoo! Finance Website In August, the job cut announcements experienced a significant surge of 193%, marking a notable deviation from the previous months of steady declines, as highlighted in the latest report from Challenger, Gray & Christmas. Andrew...

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05 Sep Job Cuts Announced by US-Based Companies Surge in August 2024; Hiring Falls to Lowest YTD Since Challenger Began Tracking in 2005

Posted at 06:30h in The Challenger Report
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Published September 5, 2024 U.S.-based employers announced 75,891 cuts in August, a 193% increase from the 25,885 cuts announced one month prior. It is up 1% from the 75,151 cuts announced in the same month in 2023, according to a report released Thursday from global outplacement...

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01 Aug Challenger Report: Job Cuts Remain Low in July 2024, While Hiring Falls to Lowest YTD Since 2012

Posted at 06:30h in The Challenger Report
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SUMMER LABOR MARKET COOLS Published August 1, 2024 U.S.-based employers announced 25,885 job cuts in July, a 47% decrease from the 48,786 cuts announced one month prior. It is up 9% from the 23,697 cuts announced in the same month in 2023, according to a report released...

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03 Jul Job Cuts Tumble in June 2024, Led by Consumer Manufacturing; Second-Highest Hiring of the Year

Posted at 06:30h in The Challenger Report
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Published July 3, 2024 U.S.-based employers announced 48,786 cuts in June, down 23.6% from the 63,816 cuts announced one month prior. It is 19.8% higher than the 40,709 cuts announced in the same month in 2023, according to a report released Wednesday from global outplacement and...

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04 Apr Job Cuts Jump in March 2024 to Highest Total Since January 2023 on Government & Tech

Posted at 06:30h in The Challenger Report
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Published April 4, 2024 U.S.-based employers announced 90,309 cuts in March, up 7% from the 84,638 cuts announced in February, and virtually the same as (+0.7%) the 89,703 cuts announced in the same month last year. It is the highest monthly total since 102,943 cuts...

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