Press Releases

Posted 3 days 18 hours

Companies around the globe are beginning to announce large-scale layoff plans, possibly signaling an upcoming downturn. The number of planned layoffs announced by U.S.-based employers totaled 53,073 in November, according to a report released Thursday by global outplacement and executive coaching firm Challenger, Gray & Christmas, Inc.

In November, Japanese...

Posted 1 week 4 days


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Posted 1 week 5 days

UPDATE: General Motors is cutting up to 14,000 workers.

General Motors announced it would cut 15 percent of its salaried and salaried contract staff, or an estimated 14,000 people, as the company looks to cut costs and pivot to electric vehicles. Meanwhile, CEO Mary Barra says the company is still hiring workers with experience in software and tech to in order to transition...

Posted 3 weeks 5 days

As the year comes to a close, many of the nation’s workers may be looking for ways to advance in their current positions or find new employment. For the 33rd consecutive year, global outplacement consultancy and executive coaching firm Challenger, Gray & Christmas, Inc. will suspend normal business operations for two days so its staff of professional job-search coaches can provide...

Posted 1 month 2 days

A total of 149 Chief Executive Officers left their posts in October, virtually unchanged from the 148 recorded in September. October’s total is well above the average 98 CEOs who have left their posts in October since 2002, according to a report released Wednesday by global outplacement consultancy and executive coaching firm Challenger, Gray & Christmas,...

Posted 1 month 3 days

This year, 65 percent of companies plan to hold a holiday party, the lowest number since 2009, when 62 percent of companies held holiday festivities, according to survey results released Tuesday by global outplacement consultancy Challenger, Gray & Christmas, Inc.

According to the annual survey on holiday party plans, conducted in October among 150...

Posted 1 month 1 week

For the third time this year, one company’s announcement has made up the bulk of job cuts for one month, as U.S.-based employers announced plans to cut 75,644 jobs from their payrolls in October, according to a report released Thursday from global outplacement and executive coaching firm Challenger, Gray & Christmas, Inc.

Last month’s total is 36.8 percent...

Posted 1 month 1 week

This year’s midterm elections are anticipated to bring out record numbers of voters. Both North Carolina and Texas report that the number of early voting ballots has surpassed 2014 totals. American workers will no doubt be tuned in to Election Day coverage from the moment the polls open until results are reported. In fact, a new survey released Tuesday from global...

Posted 1 month 2 weeks


The unemployment rate in the United States is historically low, sitting around 3.7 percent in September, according to the Bureau of Labor Statistics (BLS). However, the current low employment rate does not include the more than 5 million workers who are no longer counted in those numbers. Now is the time for those who left the job market to start their job searches, according to...
Posted 1 month 3 weeks

With Amazon’s announcement that the company will hire 100,000 seasonal workers, holiday hiring announcements this year have surpassed the previous record total of nearly 696,000 seasonal jobs set in 2014. Companies hiring seasonal workers for the holidays have announced 704,000 jobs this season, according to a tally released Wednesday by global outplacement and executive coaching firm...

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