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09 Mar Job Cuts Hit 77,770 In February 2023; Highest YTD Since 2009

Posted at 06:30h in The Challenger Report
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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...

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02 Feb Jan ’23 Recession or Correction? Highest January Since 2009, Highest Monthly Total Since September 2020

Posted at 06:30h in The Challenger Report
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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...

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01 Dec November 2022: Job Cuts Soar 127% As Tech Drains Jobs; Highest Monthly Total Since Jan. 2021

Posted at 06:30h in The Challenger Report
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Published December 1, 2022 U.S.-based employers announced 76,835 cuts in November, a 127% increase from the 33,843 cuts announced in October. It is 417% higher than the 14,875 cuts announced in the same month last year, according to a report released Thursday from global outplacement...

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18 Nov Oct 2022: CEO Exits Fall to Start Q3; Companies Holding Onto Leaders to Weather Coming Economic Challenges

Posted at 12:49h in CEO Turnover Report
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Published November 17, 2022 The number of CEO changes at U.S. companies fell 4% from the 74 in September to 71 in October. October’s total is down 50% from the 142 CEOs who left their posts in October 2021, according to a report released Thursday by...

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07 Jul Job Cuts Surge in June 2022, Up 57% From May, 59% From June 2021; Highest Quarterly Total Since Q1 2021

Posted at 06:30h in The Challenger Report
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PUBLISHED July 7, 2022 Job Cuts Surge Up 57% From May 2022, 59% From June 2021 U.S.-based employers announced 32,517 cuts in June, a 58.8% increase from the 20,476 cuts announced in the same month last year. It is 57% higher than the 20,712 cuts announced in...

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02 Dec Nov-21 Job Cuts Fall To Lowest Monthly Total Since May 1993; 14,875 Cuts Recorded

Posted at 06:30h in The Challenger Report
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Challenger Report: November Job Cuts Plummet to Lowest Monthly Total Since May 1993 Published December 2, 2021 Job cuts announced by U.S.-based employers plummeted 34.8% in November to 14,875 from the 22,822 announced in October. It is the lowest monthly total since 14,086 cuts were recorded in...

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07 Oct Job Cuts Tick up in September 2021 to 17,895, YTD Lowest on Record; Lowest Quarterly Total Since Q2 1997

Posted at 06:30h in The Challenger Report
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Challenger Report: September Cuts Rise 14%, Lowest Quarterly Total Since Q2 1997; 1.7K+ Cuts Due to Vaccine Refusal Published October 7, 2021 Job cuts announced by U.S.-based employers rose 14% in September to 17,895 from the 24-year low of 15,723 cuts announced in August, according to a...

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04 Dec 2019 November Challenger Report: In Penultimate Month, Job Cuts Fall 11%, YTD Up 13%

Posted at 03:07h in The Challenger Report
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 Published on: Dec 4, 2019 Job cuts announced by U.S.-based employers fell to 44,569 in November, 11.3% lower than the 50,275 cuts announced in October, according to a report released Thursday from global outplacement and business and executive coaching firm Challenger, Gray & Christmas, Inc. Last month’s total...

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12 Jun 2019 May CEO Turnover Report: Most CEO Changes on Record

Posted at 09:31h in CEO Turnover Report
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Turnover in the top position accelerated in May, as employers at U.S.-based companies announced 114 chief executive officer changes, 18% higher than the 97 CEO changes announced in April, according to a report released Wednesday by global outplacement and business and executive coaching firm Challenger,...

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03 Apr March 2019 Job Cuts Report: 60,587 Cuts Add To Highest Quarterly Total Since Q3 2015

Posted at 08:57h in The Challenger Report
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Published on: Apr 3, 2019 U.S.-based employers announced plans to cut 60,587 jobs from their payrolls in March, down 21% from the 76,835 cuts announced in February. Despite the decline, last month’s cuts in the Automotive and Energy sectors added to the highest quarterly total of the...

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