Challenger Has a New Website!

Featured

New SiteIt’s finally here! We’ll have blogs, press releases, and recent news all in one place. Continue to follow us on Twitter, Facebook, and LinkedIn, and subscribe to our RSS feed on our brand new website

http://www.challengergray.com/

Press Releases: http://www.challengergray.com/press/press-releases

Blog: http://www.challengergray.com/press/blog

103 CEOs Out In June: Slight Uptick in Women CEO Replacements vs Last Year

The pace of turnover among the nation’s chief executive officers rose in June, as 103 CEOs announced their departures during the month, according to a report issued Wednesday by global outplacement consultancy Challenger, Gray & Christmas, Inc.

The June total was up 5 percent from the 98 CEO departures recorded in May. It was 9.6 percent higher than the 94 CEO changes announced the same month a year ago.

Through the second quarter, US-based companies have announced 661 CEO changes, 9.9 percent more than the 601 CEO exits tracked through the second quarter of 2013.

Get the full report here.

 

31,434 June Job Cuts Lowest of the Year

After climbing to a 15-month high in May, planned job cuts announced by U.S.-based employers in June plunged 41 percent to 31,434, the lowest one-month total so far this year. Through the first half of 2014, the pace of job cutting is down 5.0 percent from a year ago, according to the report released Thursday by global outplacement consultancy Challenger, Gray & Christmas, Inc.

June job cuts were 20 percent lower than the same month a year ago, when employers announced 39,372 job cuts. Job cuts during the month dropped sharply from May, when planned layoffs reached 52,961, which was the largest monthly total since February 2013, when 55,356 job cuts were announced.

Get the full report here.

May CEO Report: 10 Percent More CEOs Out Over 2013

The pace of turnover among the nation’s chief executive officers was virtually unchanged in May, as 98 CEOs announced their departures during the month, according to a report issued Wednesday by global outplacement consultancy Challenger, Gray & Christmas, Inc.

The May total was up 4.3 percent from the 94 CEO departures recorded in April. It was down 5.8 percent from the 104 CEO changes announced the same month a year ago.

- See more here 

52,961 May Job Cuts, Mostly From HP Announcement

Job cuts climbed to the highest level in more than a year, as US-based employers announced plans to reduce payrolls by 52,961 in May, according to the report Thursday from global outplacement consultancy Challenger, Gray & Christmas, Inc.

May job cuts were up 31 percent from 40,298 announced layoffs in April.  It was the second consecutive increase in monthly job cuts and the largest one-month total since February 2013, when 55,356 job cuts were recorded.

Last month’s total was 46 percent higher than the 36,398 job cuts announced in May 2013.

Read the full report here.

Employers Checking Your Social Media, But Will It Hurt Your Chances?

For this year’s crop of college graduates, the use of social media is second nature.  However, will these grads’ comfort with sharing their lives on Facebook, Twitter and Instagram come back to haunt them as they search for their first job?  Not necessarily, according to one new survey.

In a poll of 100 human resources executives, 60 percent confirmed that they either always or sometimes check candidates’ social media activity, but only 6 percent said that activity has a significant impact on their hiring decision.

Read the full report here.

CEO Departures Slow in April, But More Due to Oustings, Bad Leadership

On the heels of Target’s May 5th announcement that chief executive officer Gregg Steinhafel will resign following a major data breach that left thousands of credit card numbers vulnerable, global outplacement consultancy Challenger, Gray & Christmas, Inc. reported 94 CEOs left their posts in April.

The April total was down 24 percent from the 123 CEO departures recorded in March and matched the number of CEO exits during the same month a year ago.

Get the full report here.