Tag Archives: job cuts

Job Cuts Fall 12.6% in May

Employers announced plans to cut 31,517 jobs in May, according to a report issued by Challenger, Gray & Christmas. May’s announced cuts were 12.6% below April’s and 4.8% lower than last May’s. The retail sector led the way, cutting 4,946 jobs in May. Year-to-date cuts are 49.8% higher than this period last year when 55,910 jobs were cut. The energy ...

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Job Cuts Fall 40% in April

Employers announced plans to cut 36,081 jobs in April, according to a report issued by Challenger, Gray & Christmas. April’s announced cuts were 40.2% below March’s and 1.4% lower than last April’s. The retail sector led the way, cutting 7,844 jobs in April. This is 28.4% higher than the same period last year. The energy sector continued to hold strong, ...

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Job Cuts Pick Up in March

Employers announced plans to cut 60,357 jobs in March, according to a report issued by Challenger, Gray & Christmas. March’s announced cuts were 71.0% more than February’s and 39.4% higher than last March’s. It was the highest total since April 2016, when 64,141 job cuts were announced. The retail sector led the way, cutting 35,042 jobs in March. This is ...

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Job Cuts Continued to Fall in February

Employers announced plans to cut 35,369 jobs in February, according to a report issued by Challenger, Gray & Christmas. February’s announced cuts were 20.0% less than January’s and 4.3% lower than last February’s. The retail sector led the way, cutting 6,106 jobs in February. This is 60.3% higher than the same period last year. The energy sector continued to hold ...

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Job Cuts Remained Low in January

Employers announced plans to cut 44,653 jobs in January, according to a report issued by Challenger, Gray & Christmas. January’s announced cuts were 37.7% more than December’s and 2.8% less than last January’s. The retail sector led the way, cutting 15,378 jobs in January. This is 31.6% higher than the same period last year. The energy sector continued to hold ...

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Annual Job Cuts Total Lowest Level Since 1990

Employers announced plans to cut 32,423 jobs in December, according to a report issued by Challenger, Gray & Christmas. December’s announced cuts were 7.8% lower than November’s and 3.6% less than last December’s. In 2017 418,770 job cuts were announced, 20.5% lower than the announced cuts in 2016. This was the lowest annual total since 1990. The retail sector continues ...

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Year-to-Date Job Cuts Remain Historically Low in November

Employers announced plans to cut 35,038 jobs in November, according to a report issued by Challenger, Gray & Christmas. November’s announced cuts were 17% higher than October’s and 30% higher than last November’s. So far this year, 386,347 job cuts have been announced, 22% lower than the announced cuts through November 2016. The retail sector continues to lead the way ...

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Year-to-Date Job Cuts Fall to Lowest Level in 20 Years

Employers announced plans to cut 29,831 jobs in October, according to a report issued by Challenger, Gray & Christmas. October’s announced cuts were 3% lower than September’s. The month’s figure was 25.0% lower than October 2016. So far this year, 351,309 job cuts have been announced, the lowest ten-month total since 1997. The retail sector continues to lead the way ...

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Job Cuts Continued to Decline in September

Employers announced plans to cut 33,346 jobs in September, according to a report issued by Challenger, Gray & Christmas. September’s announced cuts were 4.4% lower than August’s. The month’s figure was 27.0% lower than September 2016. The retail sector continues to lead the way in job cuts, with 71,057 so far this year. This is 36.8% higher than the same ...

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Job Cuts Hit 8-Month Low in July

Employers announced plans to cut 28,307 jobs in July, according to a report issued by Challenger, Gray & Christmas, the lowest monthly total since November 2016. July’s announced cuts were 9% lower than June’s. The month’s figure was 37.6% lower than July 2016. The retail sector continues to lead the way in job cuts, with 63,989 so far this year. ...

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