Challenger Archives - CFO

CEO Departures Hit a 17-Year High in 2019

CEO Departures Hit a 17-Year High in 2019

"Companies appear to be preparing for a contraction in the market," says Challenger, Gray & Christmas.

By David McCann | June 13, 2019

Pace of CEO Departures Spikes in 2018

Pace of CEO Departures Spikes in 2018

The last time so many U.S. chief executives left their posts, the country was sliding into a historic recession.

By David McCann | December 12, 2018

U.S. Job Cuts at Lowest Level Since December

Labor Management

U.S. Job Cuts at Lowest Level Since December

The May total of job cuts was 27% lower than it was for the same month a year ago.

By Matthew Heller | June 2, 2016

U.S. Layoffs Fall for Second Straight Month

Workplace Issues

U.S. Layoffs Fall for Second Straight Month

But March headcount reductions were still nearly 32% higher than one year ago.

By Matthew Heller | April 1, 2016

Retail, Energy Lead Surge in U.S. Job Cuts

Retail, Energy Lead Surge in U.S. Job Cuts

Employers reported 75,114 planned layoffs in January, up 218% on December and 42% on the year-ago period.

By Matthew Heller | February 5, 2016

U.S. Job Cuts Hit 14-Month Low in November

U.S. Job Cuts Hit 14-Month Low in November

While layoffs for the year are on pace to be the highest since 2009, that is due to a "handful of industries" including oil.

By Matthew Heller | December 7, 2015

Oil Firms Take an Ax to Their Headcounts

Oil Firms Take an Ax to Their Headcounts

April layoff numbers were the highest since May 2012, reports Challenger, Gray & Christmas.

By Katie Kuehner-Hebert | May 7, 2015

How Growth Companies Can Manage Churn

Workplace Issues

How Growth Companies Can Manage Churn

Turnover can help high-growth companies evolve, but it can also be costly.

By Marielle Segarra | June 12, 2013

Not Working at Work: The $130 Billion Drain

Workplace Issues

Not Working at Work: The $130 Billion Drain

That’s the value of lost productivity from the three in five U.S. workers who perform nonwork activities for just a couple of hours per week, according to one calculation.

By David McCann | December 4, 2012