June Job Cut Report Moved Up to THURSDAY, JULY 1

June Challenger Reports

May’s report showed that job cuts were virtually unchanged at 38,810, up slightly from a four-year low of 38,326 planned job cuts in April. Overall, planned layoffs are down 69 percent from a year ago. The report on June job-cut announcements, originally scheduled for Wednesday, July 7, will be released on Thursday, July 1, at 7:30 A.M. EDT.

May chief executive officer turnover jumped 23.7 percent from April to 125, the most since July 2009 when 126 CEOs left their posts. The Challenger report on CEO turnover in June will be released on Thursday, July 8, at 10:00 A.M. EDT.

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