Challenger, Gray & Christmas News
“Businesses face existential threats all the time. They are built to make decisions that will determine the life or death of the company,” said Andrew Challenger, senior vice president of the staffing firm Challenger, Gray & Christmas. “Choices that affect the life or death of their employees now need to be made for the first time. The stakes have never been higher.”
Businesses are built to make decisions that will... more
Watch Andy Challenger discuss the bomb that went off in the American economy.
“Those who work in essential positions are no doubt feeling heightening anxiety as the outbreak continues,'' says Andrew Challenger, vice president of outplacement firm Challenger, Gray & Christmas Inc. "Companies are changing shifts so that fewer people are working together. Some companies are offering higher pay to their teams who have to go to work during the outbreak.”
“I’m not sure if companies are prepared,” said Andrew Challenger, vice president at outplacement firm firm Challenger, Gray & Christmas, which works with companies on a variety of labor issues, including executive coaching, downsizings and career transition services.
Challenger said the situation already playing out in China, where workers in certain areas have not been able to do their jobs for weeks, raises the issue of private enterprise... more
In the News...
- C-suite turnover trends lower nationwide; Austin energy exec departs
- Here's what your bonus might look like this year - The Boston Globe
- 80% of Companies Planning Holiday Parties, Scaling Them Down - Business Today
- Many companies giving bonuses this year, favoring cash over gifts
- 4 Reasons to Kill the Office Holiday Party—and One Reason to Save It
- Companies planning holiday parties — scaled-down versions, that is
- Lehman Brothers dead, but trader keeps fight alive for $83 million bonus
- Boom to bust: Biotech is now cutting jobs
- Amazon Is Hiring a Crazy Number of Seasonal Workers