Challenger Gray & Christmas Archives - CFO

U.S. Job Cuts Show First Increase Since March

Human Capital & Careers

U.S. Job Cuts Show First Increase Since March

While there was a 19.4% gain in announced layoffs last month, job cuts are still down 26.1% so far this year.

By Matthew Heller | August 31, 2017

Planned Job Cuts Fall 18% in July to 28,307

Planned Job Cuts Fall 18% in July to 28,307

The July total is the lowest since November 2016 but "the specter of a downturn is on the horizon."

By Matthew Heller | August 3, 2017

U.S. Job Cuts Increase 19% in July to 45,346

U.S. Job Cuts Increase 19% in July to 45,346

Layoffs have risen for two straight months, with the energy sector contributing an unexpected resurgence last month.

By Matthew Heller | August 4, 2016

Teens Find Summer Jobs After All

Teens Find Summer Jobs After All

Despite a tepid start in May, summer hiring of 16- to 19-year olds is outpacing 2015.

By Vincent Ryan | July 19, 2016

No More Teachers, No More Summer Jobs?

No More Teachers, No More Summer Jobs?

The summer jobs season for teens started slowly last month, as employment among 16- to 19-year-olds increased by only 156,000.

By Matthew Heller | June 8, 2016

Job Cuts Increase in April to More Than 65,000

Job Cuts Increase in April to More Than 65,000

Employers have announced a total of 250,061 planned job cuts so far in 2016, up 24% from the year-ago period, says Challenger, Gray & Christmas.

By Matthew Heller | May 5, 2016

Job Cuts Continue to Rise In Energy Sector

Workplace Issues

Job Cuts Continue to Rise In Energy Sector

Layoffs at U.S. companies in February were up 22% from a year ago.

By Katie Kuehner-Hebert | March 3, 2016

CEO Exits Reach 6-Month High in December

CEO Exits Reach 6-Month High in December

Total CEO turnover fell 9% in 2015 while tenure at the largest companies has increased nearly a full year since 2005.

By Matthew Heller | January 13, 2016

U.S. Job Cuts Running 19% Ahead of 2014

U.S. Job Cuts Running 19% Ahead of 2014

While job cuts are on pace to reach a six-year high in 2015, fewer oil-related layoffs are expected next year.

By Matthew Heller | December 22, 2015

Retail Job Cuts Up 90% YoY

Workplace Issues

Retail Job Cuts Up 90% YoY

The retail sector saw the heaviest job cutting in August, with 9,601 planned layoffs reported during the month.

By Katie Kuehner-Hebert | September 3, 2015

Employers Cut Fewest Jobs in 17 Years in 2014

Employers Cut Fewest Jobs in 17 Years in 2014

U.S. companies laid off 483,171 workers last year, a 5% decrease from 2013 and the lowest total since 1997.

By Katie Kuehner-Hebert | January 8, 2015

Job Cuts Hit 15-Month High

Job Cuts Hit 15-Month High

Hewlett-Packard layoffs pushed payroll reductions to their highest level since February 2013, says Challenger, Gray & Christmas.

By Vincent Ryan | June 5, 2014