Job cuts rose to 97,006 in May, the highest total for the month since 2020, as employers continued restructuring efforts amid rapid AI adoption. According to Challenger, Gray & Christmas, AI led layoff reasons for the third consecutive month, while merger, acquisition, and bankruptcy-related cuts...
Layoffs rise again in April, but year-to-date cuts are down 50%. Hiring continues to run lower than last year's levels. The "low fire, low hire" environment continues. ...
Challenger reviews the Department of Labor's Make America AI Ready course....
Layoff plans by US-based employers rose in March on Tech cuts. Hiring plans ticked up, with many coming for seasonal employment. ...
Layoff plans by US-based employers plunged in February, while hiring plans remained muted. The Iran War will likely impact jobs in Q1 as oil prices spike and supply chains are disrupted....
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,...
Published April 1, 2025 The number of CEO changes at U.S. companies rose 11% from 222 in January to 247 in February, the second-highest total for any month since Challenger began tracking CEO changes in 2002. It is virtually the same as the 248 CEO exits...
Published December 5, 2024 U.S.-based employers announced 57,727 cuts in November, a 3.8% increase from the 55,597 cuts announced one month prior. It is up 26.8% from the 45,510 cuts announced in the same month in 2023, according to a report released Thursday from global outplacement...
Published November 26, 2024 The number of CEO changes at U.S. companies fell 15% in October to 172 from 202 in September. It is up 64% from 105 CEO exits recorded in the same month last year, according to a report released Tuesday by global outplacement...
