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...
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,...
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...
Published on: Nov 27, 2018 UPDATE: General Motors is cutting up to 14,000 workers. General Motors announced it would cut 15 percent of its salaried and salaried contract staff, or an estimated 14,000 people, as the company looks to cut costs and pivot to electric vehicles. Meanwhile, CEO...
After falling 21 percent in 2015, job cuts announced by employers in the U.S. technology sector increased by the same amount in 2016, according to a new analysis of layoff data by global outplacement firm Challenger, Gray & Christmas, Inc. Employers in...
In the final month before the general election, planned job cuts announced by U.S.-based employers fell to the second lowest level of the year, according to the report released Thursday by global outplacement consultancy Challenger, Gray & Christmas, Inc. Employers announced 30,740 job cuts in October,...
Downsizing slowed in August, as US-based employers announced plans to cut their payrolls by 32,188, a 29 percent decline from the 45,346 cuts in July, according to the report released Thursday by global outplacement consultancy Challenger, Gray & Christmas, Inc. The August figure was the lowest...
Published August 17, 2016 UPDATE: Cisco confirms they will cut 5,500 jobs While the company has not officially confirmed the news, reports out of Silicon Valley suggest that tech giant Cisco Systems is preparing to shed 14,000 workers from its payroll. If true, it would represent the...
Employers announced plans to cut payrolls by 38,536 jobs in June, an increase from May, but still well below the 12-month average and indicative of a positive employment environment, according to the report released Thursday by global outplacement consultancy Challenger, Gray & Christmas, Inc. The June...
After reaching a five-year high in 2014, job cuts announced by employers in the U.S. technology sector declined 21 percent in 2015, according to a new analysis of layoff data by global outplacement firm Challenger, Gray & Christmas, Inc. Employers in the...
