The Challenger Report

Job Cuts Fall to 11-Month Low in July, Tech Hit Hardest: Report Rachelle Akuffo and Stephanie Mikulich Published August 31, 2023 See the original article here. Challenger, Gray & Christmas Inc. Senior Vice President Andy Challenger joined anchor Rachelle Akuffo for a

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CHALLENGER REPORT AUGUST 2023 Published August 31, 2023 U.S.-based employers announced 75,151 cuts in August, a 217% increase from the 23,697 cuts announced one month prior. It is 267% higher than the 20,485 cuts announced in the same month in

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Layoffs are down, but employers are still finding ways to cut jobs By Ray A. Smith Published August 27, 2023 Read full article here. “Reassigning is definitely a huge part of the dynamic right now,” said Andy Challenger, senior vice president

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  Published August 16, 2023 A ‘richcession’ may be underway By Jessica Dickler  KEY POINTS There’s a lot of speculation about whether a recession is still on the horizon. Some economists say the country is already experiencing a “richcession,” rather

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The Challenger Report July 2023 Published August 3, 2023 U.S.-based employers announced 23,697 cuts in July a 42% decrease from the 40,709 cuts announced one month prior. It is 8% lower than the 25,810 cuts announced in the same month

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June 2023 Challenger Report   Published July 6, 2023 U.S.-based employers announced 40,709 cuts in June, down 49% from the 80,089 cuts announced in May. It is up 25% from the 32,517 announced in the same month one year prior,

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May 2023 Challenger Report Layoffs Jump on Tech, Retail, Auto; YTD Hiring Lowest Since 2016 Published June 1, 2023 U.S.-based employers announced 80,089 cuts in May, a 20% increase from the 66,995 cuts announced one month prior. It is 287%

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The April 2023 Challenger Report Published May 4, 2023 Job Cuts Fall to Lowest Point of the Year, up 176% Over Same Month Last Year, YTD up 322%; Hiring Down 81% YTD U.S.-based employers announced 66,995 cuts in April, a 176%

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U.S. Job Growth Eases, but Extends Its Streak Jim Tankersley, Jeanna Smialek and Joe Rennison contributed reporting. Published APRIL 10, 2023 Read the full article here. Employers added 236,000 jobs as the Federal Reserve’s interest-rate increases appeared to take a

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Job Cuts Rise 15% in March, Up 319% from Same Month Last Year, Highest Q1 Since 2020 Published April 6, 2023 U.S.-based employers announced 89,703 cuts in March, up 15% from the 77,770 announced in February. It is up 319%

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February 2023 Challenger Report Published March 9, 2023 In the shortest month of the year, U.S.-based employers announced 77,770 job cuts in February, down a 24% from the 102,943 cuts announced in January. It is 410% higher than the 15,245

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Recession or Correction? Highest January Since 2009, Highest Monthly Total Since September 2020 Published February 2, 2023 U.S.-based employers announced 102,943 cuts in January, a 136% increase from the 43,651 cuts announced in December. It is 440% higher than the

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