Challenger, Gray & Christmas, Inc.

Reuters coverage of June Challenger Report, “US weekly jobless claims rise as labor market gradually slows,” by Lucia Mutikani. A third report on Wednesday from global outplacement firm Challenger, Gray & Christmas showed U.S.-based employers announced 48,786 jobs cuts in June, down 23.6% from May. Planned layoffs were, however, 19.8% higher compared to June last year. https://yhoo.it/4cEZalB #layoffs #layoffs2024 #layoffsandjobreductions #economicoutlook #economictrends #costcutting #jobcuts⠀

Bloomberg cites Challenger data in “US Continuing Jobless Claims Increase for a Ninth Straight Week” by Vince Golle. US-based employers announced 48,786 job cuts in June, according to Challenger, Gray & Christmas Inc. Excluding 2020, the height of the pandemic, that’s the highest number of job-cut announcements for any June since 2009. https://bloom.bg/3Y2rfyv #layoffs #layoffs2024 #layoffsandjobreductions #economicoutlook #economictrends #costcutting #jobcuts⠀

HR Execs and Business Leaders: We need your insight! Take our latest survey about #RTO, #AI, Employee priorities, and labor issues. We're collecting responses through July, and will share our findings in a full report. #economy #labormarket #survey https://hubs.li/Q02GMyS80

We are thrilled to announce that Karla Monson has joined #teamChallenger as our VP of Sales Enablement! Please join us in celebrating this exciting addition to our team! 🎉🚀 #outplacement #executivecoaching #TeamChallenger https://lnkd.in/g8md9aXb

CBS News highlights #Challenger job cuts data, “What to look for in the U.S. government's June jobs report,” by Alain Sherter and Kate Gibson. Companies have announced plans to cut roughly 435,000 jobs this year — that is down 5% from the same period in 2023, according to outplacement firm Challenger, Gray & Christmas. https://cbsn.ws/4bDVYVP #layoffs #layoffs2024 #layoffsandjobreductions #economicoutlook #economictrends #costcutting #jobcuts⠀

Hope to see you all in #Austin! #HR #SHRM #ATXSHRM #TXSHRM

Challenger data cited in Business Insider, “The real-estate market is in for sharp correction with losses that could take a decade to recover from, strategist says,” by Jennifer Sor. Layoffs began to surge at the start of the year, with job-cut announcements rising 136% in January, according to the consultancy Challenger, Gray & Christmas. https://bit.ly/45XWUmT #layoffs #layoffs2024 #layoffsandjobreductions #economicoutlook #economictrends #costcutting #jobcuts⠀⠀

HR veteran Toni Thomas, Regional Director of Business Development at Challenger, Gray & Christmas, and Charles Goretsky, co-founder of Wowledge, share advice with HR leaders on how to navigate their own staff reduction in, “Relaunching your HR Career After a Layoff.” Read more about the unique issues that displaced HR leaders face, common errors made by displaced executives and tips on how to best use outplacement services to secure your next opportunity. #outplacement #employerbrand #talentstrategy #executivecoaching #HRleadership https://hubs.li/Q02Gdzhp0

June #ChallengerReport media coverage by Martin Baccardax with TheStreet. Challenger Gray's monthly report of corporate layoffs, however, showed overall job cuts fell by nearly 24%, to just under 50,000 last month, while overall layoffs for the first half were down 5.1% compared with 2023 levels. “June is typically a low month for job cut announcements, as most companies are midyear or at the end of their fiscal years," the firm's senior vice president, Andrew Challenger, said. "The months following fiscal year ends tend to have a spike in cuts, as those plans are implemented." https://lnkd.in/gtZ5GVg3 #layoffs #layoffs2024 #layoffsandjobreductions #economicoutlook #economictrends #costcutting #jobcuts

Challenger SVP Andrew Challenger spoke to Elisabeth Buchwald with CNN about the increase in teens working this summer. “Teens may be helping out their own households in many cases, saving for the high cost of college,” Andrew Challenger, senior vice president of Challenger, Gray & Christmas, an outplacement and business research firm, said in a recent statement. He’s forecasting that 1.3 million teens will be employed this summer. That would amount to 300,000 more teen workers compared to last summer, but is still slightly below the average over the past decade. https://cnn.it/45VgIr1 #summerjobs #seasonaljobs #teenemployment #teenworkers