Challenger reports 71,321 November, up 24% from the 57,727 job cuts announced in the same month last year. It is down 53% from the 153,074 cuts announced one month prior....
Challenger reports 153,074 October job cuts, up 175% year over year and 183% month over month. YTD cuts reached 1,099,500, up 65% from 2024 YTD and already 44% above full-year 2024. Warehousing led October with 47,878 cuts; Technology had 33,281. Top October reasons were cost-cutting,...
A strong employer brand attracts top talent and turns employees into brand advocates. But during a layoff, the brand enters crisis mode. The way a company handles a reduction in force (RIF) can either strengthen or seriously damage its reputation, with lasting effects on recruitment,...
U.S. employers announced 54,064 job cuts in September, a 37% decline from August and down 26% from last year. Still, 2025 YTD cuts reached 946,426, the highest since 2020. Hiring plans are the weakest since 2009....
Published April 3, 2025 U.S.-based employers announced 275,240 job cuts in March, a 60% increase from the 172,017 cuts announced one month prior. It is up 205% from the 90,309 cuts announced in the same month in 2024, which was the highest monthly total recorded last...
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...
Published January 9, 2025 U.S.-based employers announced 38,792 cuts in December, a 33% decrease from the 57,727 cuts announced one month prior. It is up 11% from the 34,817 cuts announced in the last month of 2023, according to a report released Thursday from global outplacement...
Published December 10, 2024 2024 Holiday Party Survey Report Companies appear to be in party mode once again this year, according to a new survey released Tuesday from global outplacement and executive coaching firm Challenger, Gray & Christmas, Inc. The survey was conducted online among 173 Human...
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. ...
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...
