Press Releases

Posted 3 days 1 hour

Companies are hiring at a faster rate than people are leaving their jobs. With job openings at a record high of 7.3 million, according to the latest Bureau of Labor Statistics Job Openings and Labor Turnover Survey, job seekers seemingly have their pick of jobs. However, job seekers who want to make an impact or employed workers who want to get ahead would be wise to...

Posted 1 week 2 days

Consolidation, declining revenue, combative language from the Trump Administration, and occasional violence marked 2018 for members of the media. It was also the year with the highest number of job cut announcements in the sector since 2009, according to the monthly Job Cut Report compiled by global outplacement and executive coaching firm Challenger, Gray & Christmas, Inc...

Posted 1 week 4 days

It is almost Valentine’s Day, which, for many offices, means candy and flowers at the front desk and public proclamations of love to employees. This year, it could also mean navigating tricky relationships at the workplace, especially in light of the #MeToo movement, which so often included allegations of inappropriate conduct at work. While it is...

Posted 2 weeks 3 days

U.S.-based companies announced 157 chief executive officer changes to start the year, the highest monthly total on record, according to a report released Wednesday from global outplacement and executive coaching firm Challenger, Gray & Christmas, Inc.

January’s total was 21.7 percent higher than the 129 CEO exits announced in December and 18.9...

Posted 3 weeks 2 days

Employers at U.S.-based companies announced plans to cut 52,988 jobs from their payrolls in January, 20.7 percent higher than the 43,884 announced in December, according to a report released Thursday from global outplacement and executive coaching firm Challenger, Gray & Christmas, Inc.

January’s total is 18.7 percent higher than the 44,653 cuts announced in the...

Posted 3 weeks 3 days

Although the frigid temperatures and dangerous cold blanketing the Midwest and Northeast United States may be making people miserable, it could be a boon to productivity for the nation’s employers, according to one workplace authority.

“When it gets so cold it becomes inadvisable to go outside, it could be a great time for employers to encourage their workforces to focus on...

Posted 3 weeks 5 days


With the New England Patriots facing the Los Angeles Rams in the Super Bowl next weekend, the impact of one of America’s favorite pastimes on productivity will certainly be felt in the office come Monday, according to an estimate from global outplacement and executive coaching firm Challenger, Gray & Christmas, Inc.

Over 100 million...
Posted 1 month 1 day

Over a year after the #MeToo movement exposed several executives with allegations of sexual misconduct, causing their removal from the CEO role, including Harvey Weinstein, Les Moonves, and Steve Wynn, the rate of women taking over the role of Chief Executive Officer in 2018 rose to 22 percent, after hovering at 18 percent in both 2017 and 2016,...

Posted 1 month 1 week

Uncertainty in the economy and the stock market, stoked by the government shutdown, legislation, and trade concerns, seems to be spilling into the job search, according to a survey released Tuesday by global outplacement and executive coaching firm Challenger, Gray & Christmas, Inc. While over half of job seekers reported they were employed, up from 37...

Posted 1 month 2 weeks

Flu season is officially here, as high instances of flu-like illnesses have been recorded in New York City and 19 states as of December 29th, according to the Centers for Disease Control and Prevention (CDC). While it is difficult for the CDC to predict flu severity, Challenger estimates absences due to illness could cost employers over $17 billion in lost productivity this season....

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