Retailers across the nation are struggling to adapt to consumer demand and new technologies, leading to massive job cuts and thousands of announced store closures. The retail landscape is likely to evolve even further, as tools like virtual reality enter the shopping experience, according to...
Published on: Jul 5, 2017 JOB CUTS FALL 28 PERCENT IN FIRST HALF OF YEAREmployers announced plans to cut payrolls by 31,105 jobs in June, the lowest monthly total of the year according to a report released Thursday by global outplacement consultancy Challenger, Gray & Christmas, Inc. The...
Published on: Jun 1, 2017 ** CORRECTION: We have updated the Ford Motor Company number and reduced the company’s layoff announcement from 20,000 to 1,400. Ford has reached out and informed us that the 20,000 number was incorrectly reported several weeks ago. Many major media outlets reported...
Published on: May 3, 2017 The pace of downsizing decreased in April, as US-based employers announced workforce reductions totaling 36,602 during the month, according to the latest report released Thursday from global outplacement consultancy Challenger, Gray & Christmas, Inc. The April figure represents a 15 percent decrease from...
Published on: Apr 5, 2017 Job cuts announced by US-based employers rose 17 percent from the February total of 36,957 to 43,310 in March, according to the latest report on monthly job cuts released Thursday by global outplacement consultancy Challenger, Gray & Christmas, Inc. March announcements are 2...
Published on: Mar 8, 2017 The shortest month of the year saw a decline in layoff announcements, as US-employers announced plans to cut 36,957 jobs in February, 19 percent fewer than the 45,934 cuts announced in January, according to the latest report from global outplacement and executive...
Published on: Feb 2, 2017 The new year started with an increase in corporate downsizing, as the nation’s employers announced plans to cut payrolls by 45,934 in January, according to the latest report on monthly job cuts released Thursday by global outplacement consultancy Challenger, Gray & Christmas,...
Published on: Jan 10, 2017 On the news that Macy’s is shuttering 68 stores and cutting 10,000 workers and Limited is closing all 250 locations impacting 4,000 workers, a new report released Tuesday further indicates the industry’s inexorable shift to online. Retail clocked the fewest holiday job gains...
Retailers added fewer workers through the first two-thirds of the typical holiday hiring period, according to an analysis of employment data by global outplacement firm Challenger, Gray & Christmas, Inc. Read more Related...
Challenger Seasonal Hiring Update Published DECEMBER 12, 2016 Retailers added fewer workers through the first two-thirds of the typical holiday hiring period, according to an analysis of employment data by global outplacement firm Challenger, Gray & Christmas, Inc. The latest data from the Bureau of Labor Statistics (BLS) showed...
