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...
Published July 11, 2024 Challenger's Regional Director Toni Thomas and Charles Goretsky of Wowledge contributed to the article "Relaunching Your HR Career After a Layoff," which delves into the challenges and unique experiences faced by HR professionals in today's rapidly changing job market. Managing a successful...
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...
By Chip Cutter and Natasha Khan Published January 12, 2024 Read on The Wall Street Journal Website Many companies are also finding it harder to pass along increased labor costs to consumers in the form of higher prices, a reason why some executives are looking to trim workers now, said Andy...
By Bailey Schulz - Money Reporter for USA Today Published December 4, 2023 See the original article here. Andy Challenger Talks Challenger Report Data and How to Prepare for Layoff Season It’s December, which means more than just cooler weather and holiday celebrations. It’s also layoffs season. Job cuts tend to spike...
Published October 5, 2023 U.S.-based employers announced 47,457 cuts in September, down 37% from the 75,151 cuts announced in August. It is up 58% from the 29,989 announced in the same month one year prior, according to a report released Thursday from global outplacement and business...
Published August 16, 2023 A ‘richcession’ may be underway By Jessica Dickler KEY POINTS There’s a lot of speculation about whether a recession is still on the horizon. Some economists say the country is already experiencing a “richcession,” rather than a broad contraction to come later. Layoffs have...
[caption id="attachment_18397" align="aligncenter" width="2048"] Source: Challenger, Gray & Christmas, Inc. ©[/caption] Employee Priorities [caption id="attachment_18396" align="aligncenter" width="2048"] Source: Challenger, Gray & Christmas, Inc. ©[/caption] Layoffs [caption id="attachment_18395" align="aligncenter" width="2048"] Source: Challenger, Gray & Christmas, Inc. ©[/caption] [caption id="attachment_18394" align="aligncenter" width="2048"] Source: Challenger, Gray & Christmas, Inc. ©[/caption] Leadership [caption id="attachment_18393" align="aligncenter" width="2048"]...
