Rocky recovery? Employers announced a record 2.3 million job cuts last year and Texas layoffs spiked again last month Uncertainty over the economy continues to rise: ‘We can’t forecast anything six months or even one month out,’ says one Texas manufacturer. By Mitchell Schnurman Read the full article...
Job Cuts Fall in October to 80,666, Down 32% From September Published November 23, 2020 October marked the lowest number of layoffs in seven months, as U.S.-based employers announced plans to cut 80,666 jobs from their payrolls, according to a report released Thursday by global outplacement and...
Published on: Oct 1, 2020 Job cuts announced by U.S.-based employers jumped to 118,804 in September, up 2.6% from August’s total of 115,762, according to a monthly report released Thursday by global outplacement and business and executive coaching firm Challenger, Gray & Christmas, Inc. September’s total is 186%...
Published on: Sep 2, 2020 Job cuts announced by U.S.-based employers in August totaled 115,762, 116% higher than the August 2019 total of 53,480, according to a monthly report released Thursday by global outplacement and business and executive coaching firm Challenger, Gray & Christmas, Inc. August’s total is...
Published on: Aug 5, 2020 Job cuts announced by U.S.-based employers jumped in July to 262,649, the third-largest monthly total ever behind April’s 671,129 and May’s 397,016, according to a monthly report released Thursday by global outplacement and business and executive coaching firm Challenger, Gray & Christmas,...
Published July 15, 2020 In a time when the public needs to stay informed more than ever, journalists are currently facing furloughs, pay cuts, and, in many cases, permanent layoffs. According to analysis from global outplacement and executive and business coaching firm Challenger, Gray & Christmas,...
Challenger May Job Cuts Report: COVID-19 Causes Nearly 1M Layoffs Published June 3, 2020 Job cuts announced by U.S.-based employers totaled 397,016 in May, down 40.8% from April’s total of 671,129, the highest monthly total on record. Despite the drop, last month’s total is the second highest...
Labor market coronavirus gender-gap media coverage on NPR's Marketplace Reporting by Nancy Marshall-Genzer. The Labor Department said Thursday that another 2.1 million people filed for unemployment last week. And most of the workers who lost their jobs last month were women — 55%, according to outplacement firm Challenger, Gray &...
Published on: Mar 30, 2020 See the press release and report here. [caption id="attachment_13585" align="aligncenter" width="1000"] Source: Challenger, Gray & Christmas, Inc. ©[/caption] ###...
Last week, India-based hotel partner start-up Oyo Hotels announced 5,000 job cuts worldwide due to the outbreak of coronavirus, with roughly 2,000 occurring in the US and India. Meanwhile, Florida-based toy maker Basic Fun! Announced 18 job cuts due to a work stoppage at the...
