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Severance Pay by Industry

19 Jan Industry Breakdown: Who’s Paying the Most in Severance — and Why

Posted at 06:08h in Best Practices for Companies, Economy & Workplace
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From chemicals to retail, severance varies dramatically by industry. Discover who’s leading, who’s lagging, and what drives these differences....

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The Gender Severance Gap

13 Jan The Gender Severance Gap: Progress, But Not Parity

Posted at 06:26h in Best Practices for Companies
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Data reveals that while pay equity is improving, severance equity still lags. Explore how HR leaders can close the gender severance gap....

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Benchmarking severance in 2025

30 Dec Benchmarking Severance in 2025: What “Competitive” Really Looks Like

Posted at 16:27h in Best Practices for Companies
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Discover how top employers are rethinking severance in 2025. Learn what’s competitive, how trends are shifting, and why benchmarking matters for your brand....

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04 Dec Challenger Report: 71,321 Job Cuts on Restructurings, Closings, Economy

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

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06 Nov October Challenger Report: 153,074 Job Cuts on Cost-Cutting & AI

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

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5 strategies to prepare for the next wave of workforce disruption

04 Nov 5 Strategies to Prepare for the Next Wave of Workforce Disruption

Posted at 13:00h in Best Practices for Companies
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Discover strategies HR leaders can use to navigate workforce disruption with compassion while protecting culture and strengthening employer brand....

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02 Oct September Job Cuts Fall 37% From August; YTD Total Highest Since 2020, Lowest YTD Hiring Since 2009

Posted at 06:30h in The Challenger Report
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U.S. employers announced 54,064 job cuts in September, a 37% decline from August and down 26% from last year. Still, 2025 YTD cuts reached 946,426, the highest since 2020. Hiring plans are the weakest since 2009....

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04 Sep Pharma and Finance Lead as August 2025 Job Cuts Rise 39% to 85,979

Posted at 06:30h in The Challenger Report
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U.S. employers announced 85,979 job cuts in August 2025, up 39% from July. Pharma, finance, and retail drive layoffs amid economic uncertainty, AI restructuring, and government cuts, according to the Challenger Report....

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31 Jul Summer Lull Ends: July 2025 Job Cut Announcements Spike to 62,075, Tech, AI & Tariffs Increasingly Blamed

Posted at 06:30h in The Challenger Report
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Job cuts surged to 62,075 in July 2025, ending the summer lull. Tech, AI, tariffs, and federal budget cuts are driving major layoffs, according to the latest Challenger Report....

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02 Jul Summer Lull in June 2025 as Companies Announce Virtually the Same Number of Cuts as Last Year; Highest Q2, YTD Cuts Since 2020

Posted at 06:30h in The Challenger Report
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U.S. companies announced 47,999 job cuts in June 2025, nearly matching last year’s total. Q2 layoffs reached the highest level since 2020, with Retail, Tech, and Government leading....

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