Press Releases

Posted 2 days 9 hours


Job cuts announced by U.S.-based employers jumped in July to 262,649, the third-largest monthly total ever behind April’s 671,129 and May’s 397,016, according to a monthly report released Thursday by global outplacement and business and executive coaching firm Challenger, Gray & Christmas, Inc.

July’s total is 54% higher than the 170,219 job cuts announced in June, and 576% higher than the July 2019 total of 38,845. Prior to the COVID-19 pandemic, the highest...

Posted 3 days 6 hours


Juggling professional and family responsibilities has always been challenging for working parents, but during the COVID-19 pandemic, it has caused some families to reach a breaking point. As companies begin to bring back employees from working at home and a new school year looms large, working parents are debating daunting issues, and employers can do a lot to ease the stress, according to one workplace authority.

“Childcare is not a new problem for working...

Posted 1 week 2 days


Businesses are clarifying their back-to-work protocols as their employees return to the office from working at home following the COVID-19 shutdowns, according to tracking by global outplacement and executive and business coaching firm Challenger, Gray & Christmas, Inc.

An online survey conducted in June among 150 Human...

Posted 2 weeks 2 days



The COVID-19 pandemic has forced many companies to implement remote work options for all or a large portion of their teams, and many plan to keep workers at home. In fact, a recent Challenger survey found 73% of companies plan to keep their teams working from home (WFH) post-COVID-19, with 30% of those respondents reporting they would do so after testing...

Posted 3 weeks 20 hours

The rate of women taking over the top position at companies nationwide is ticking up in 2020, as calls for diversity and inclusion intensify around the country, according to a new analysis of CEO turnover data from global outplacement and business and executive coaching firm Challenger, Gray & Christmas, Inc.

Of the 591 replacement CEOs...

Posted 3 weeks 2 days

In a time when the public needs to stay informed more than ever, journalists are currently facing furloughs, pay cuts, and, in many cases, permanent layoffs. According to analysis from global outplacement and executive and business coaching firm Challenger, Gray & Christmas, Inc., newsrooms have announced 11,027 job cuts this year, up 169.8% from the 4,087...

Posted 1 month 6 hours


The number of jobs added for workers aged 16 to 19 soared in June to 1,129,000, the highest June total in over two decades, according to the latest employment data from the Bureau of Labor Statistics (BLS). This after 594,000 jobs were gained in May, according to an analysis of non-seasonally adjusted data from the BLS by global...

Posted 1 month 15 hours

Chief Executive Officer turnover rose to 91 exits in June, up 9.6% from the 83 departures that were reported in May, according to a report released Wednesday by global outplacement and business and executive coaching firm Challenger, Gray & Christmas, Inc.

Despite the increase, June’s total is 8% lower than the 99...

Posted 1 month 4 days

Thirty percent of employers chose to cut pay in response to the COVID-19 pandemic. Of those, more than half (55%) reported the cuts allowed them to avoid layoffs, according to a new survey released Thursday by global outplacement and executive and business coaching firm Challenger, Gray & Christmas, Inc.

The survey was...

Posted 1 month 1 week

Job cuts announced by U.S.-based employers hit 1,238,364 in the second quarter, the highest quarterly total on record, according to a monthly report released Thursday by global outplacement and business and executive coaching firm Challenger, Gray & Christmas, Inc.

June job cuts totaled 170,219, down 57% from May’s total of 397,016, and up...

Pages