Job cuts slowed in September, with 54,064 announced—down 37% from August and 26% from last year. Yet year-to-date cuts reached 946,426, the highest since 2020 and the fifth-highest in Challenger’s 36 years of tracking. Hiring plans are the weakest since 2009, reflecting cautious seasonal announcements. Government and Tech remain key drivers of workforce reductions, with AI reshaping roles and demand. Full breakdown by industry, region, and reason in our September report.| Challenger, Gray & Christmas, Inc. | Outplacement & Career Transitioning Serv...
U.S. employers announced 85,979 job cuts in August 2025, up 39% from July. Pharma, finance, and retail drive layoffs amid economic uncertainty, AI restructuring, and government cuts, according to the Challenger Report. The post Pharma and Finance Lead as August 2025 Job Cuts Rise 39% to 85,979 appeared first on Challenger, Gray & Christmas, Inc. | Outplacement & Career Transitioning Services.| Challenger, Gray & Christmas, Inc. | Outplacement & Career Transitioning Serv...
The February 2025 CEO report examines the rising trend of CEO turnover in the US, with 247 CEO exits, the second-highest total since 2002, attributed to various factors such as falling consumer confidence, tariffs, and rising prices. Discover the decline in new women CEOs and a significant increase in interim leadership appointments, as well as providing insights into the industries and regions most affected.| Challenger, Gray & Christmas, Inc. | Outplacement & Career Transitioning Serv...
November 2023 Challenger Report: US companies have announced plans to cut more than 686K jobs, a 115% increase from the same period last year. It is the highest Jan-Nov total since 2020.| Challenger, Gray & Christmas, Inc.
