Published August 31, 2023 U.S.-based employers announced 75,151 cuts in August, a 217% increase from the 23,697 cuts announced one month prior. It is 267% higher than the 20,485 cuts announced in the same month in 2022, according to a report released Thursday from global outplacement...
By Ray A. Smith Published August 27, 2023 Read full article here. “Reassigning is definitely a huge part of the dynamic right now,” said Andy Challenger, senior vice president at Challenger, Gray & Christmas, an outplacement firm. For companies that spent several years—and significant money—to hire top talent, reassigning workers...
Published August 3, 2023 U.S.-based employers announced 23,697 cuts in July a 42% decrease from the 40,709 cuts announced one month prior. It is 8% lower than the 25,810 cuts announced in the same month last year, and marks the first time this year cuts were...
Published July 6, 2023 U.S.-based employers announced 40,709 cuts in June, down 49% from the 80,089 cuts announced in May. It is up 25% from the 32,517 announced in the same month one year prior, according to a report released Thursday from global outplacement and business...
Published June 22, 2023 224 CEOs Leave Posts in May The number of CEO changes at U.S. companies hit the highest total for a single month on record in May with 224, up 52% from the 147 in April. May’s total is up 49% from the 150...
Published June 1, 2023 U.S.-based employers announced 80,089 cuts in May, a 20% increase from the 66,995 cuts announced one month prior. It is 287% higher than the 20,712 cuts announced in the same month in 2022, according to a report released Thursday from global outplacement...
Jim Tankersley, Jeanna Smialek and Joe Rennison contributed reporting. Published APRIL 10, 2023 Read the full article here. Employers added 236,000 jobs as the Federal Reserve’s interest-rate increases appeared to take a toll. The unemployment rate fell to 3.5 percent. Layoffs had remained low across the economy for the...
Published April 6, 2023 U.S.-based employers announced 89,703 cuts in March, up 15% from the 77,770 announced in February. It is up 319% from the 21,387 cuts announced in the same month in 2022, according to a report released Thursday from global outplacement and business and...
Published March 9, 2023 In the shortest month of the year, U.S.-based employers announced 77,770 job cuts in February, down a 24% from the 102,943 cuts announced in January. It is 410% higher than the 15,245 cuts announced in the same month last year, according to...
Published February 2, 2023 U.S.-based employers announced 102,943 cuts in January, a 136% increase from the 43,651 cuts announced in December. It is 440% higher than the 19,064 cuts announced in the same month in 2022, according to a report released Thursday from global outplacement...
