Challenger, Gray & Christmas Blog

Posted 3 weeks 4 days ago

35 Years of Free Job Search Assistance

EXPERT JOB SEARCH ADVICE NATIONWIDE DECEMBER 28th-29th; 312-422-5010

Millions of Americans are out of work due to the pandemic and subsequent recession. Decreased spending in the fourth quarter may mean thousands more, as companies... more

Posted 1 week 6 days ago

SURVEY: MORE COMPANIES OFFERING BONUSES THIS YEAR; ONE QUARTER ARE UNSURE ABOUT 2021 HIRING

More companies are rewarding their employees with bonuses this year than last year, but are unsure what hiring will be like in 2021, according to survey results released Tuesday from global outplacement and business and executive coaching firm Challenger, Gray & Christmas, Inc.... more

Posted 2 weeks 2 days ago

Retailers and Transportation and Warehousing firms added the highest number of jobs in October on record, according to an analysis of non-seasonally adjusted data from the Bureau of Labor Statistics by global outplacement and business and executive coaching firm Challenger, Gray & Christmas, Inc.

“While the year has been dominated by... more

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Posted 2 weeks 5 days ago

October CEO Turnover Falls 23% in Month Before Election

In a tumultuous economic year with uncertainty dictating most business decisions, CEO turnover remains below 2019’s record level. Last month, the nation’s companies announced 92 CEO changes, down 23% from the 119 announced in September, according to a report released Wednesday by global outplacement and business and executive coaching firm Challenger, Gray & Christmas, Inc.

October’s total was 47%... more

Posted 2 weeks 5 days ago


Related

Companies are modifying their year-end plans and acknowledging that uncertainty is dictating many of them.

... more

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Posted 3 weeks 4 days ago

October marked the lowest number of layoffs in seven months, as U.S.-based employers announced plans to cut 80,666 jobs from their payrolls, according to a report released Thursday by global outplacement and business and executive coaching firm Challenger, Gray & Christmas, Inc.

October’s total is 32% lower than the 118,804 cuts announced in... more

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Posted 1 month 3 days ago

COVID-19 Cancels Holiday Parties; 44% Will Not Hold a Party Specifically Due to COVID

One year after nearly 76% of companies planned to hold holiday parties, just 23% of companies are planning a year-end celebration this year, and 74% of those will be virtual events, according to survey results released Monday by global outplacement and business and executive coaching firm Challenger, Gray & Christmas, Inc.

According to the annual survey on... more

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Posted 1 month 1 week ago

Challenger COVID Coverage

Needless to say, COVID has impacted nearly every aspect of the American workplace, including the job search and hiring processes. In a new report from global outplacement and business and executive coaching firm Challenger, Gray & Christmas, Inc., more job seekers opted to relocate for new opportunities, move to smaller companies, and/or change industries in the second quarter when the initial shutdown orders took effect.

“Historically,... more

Posted 1 month 2 weeks ago

The online interview, necessitated by the COVID-19 pandemic, will likely become a permanent fixture in the hiring process. As many companies have pivoted to remote capabilities and work from home (WFH) options and job seekers have become comfortable with the technology, companies can compete for a wider talent pool, according to one workplace authority.

“Many companies were trending toward increased WFH opportunities. Employers were advertising it as a perk to attract and retain... more

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