Browsing: Job cuts

Economy

Employers announced plans to cut 32,188 jobs in August, according to a report issued by Challenger Gray & Christmas. August’s cuts were 29% lower than in July. Employers have announced 391,288 job cuts through the first eight months of 2016, down 10% from a year ago. Cuts in the computer sector were heaviest during the

Economy

Employers announced plans to cut 45,346 jobs in July, according to a report issued by Challenger Gray & Christmas. July’s announced cuts were 19 percent higher than June’s total. To date, employers have announced 359,100 layoffs, down 8.7 percent from a year ago. “While job cuts were up last month, compared to June, the total

Economy

Employers announced plans to cut 38,536 jobs in June, according to a report issued by Challenger Gray & Christmas. June’s announced cuts were 28% higher than May’s total, but still well below the 12 month average. The pace of cuts in the second quarter was 27% lower than the first quarter of the year. “It

Economy

Employers announced plans to cut 30,157 jobs in May, according to a report issued by Challenger Gray & Christmas. May’s announced cuts were 53% below April’s total, and 27% lower than the year-ago-rate. Cuts through the first five months of 2015 amounted to 275,218 cuts, up 13% from the same period last year. “May could

Economy

Employers announced plans to cut 65,141 jobs in April, according to a report issued by Challenger Gray & Christmas. April’s announced cuts were 35 percent above March’s total, and 5.8 percent higher than the year-ago-rate. Cuts through the first four months of 2016 amounted to 250,061, 24 percent higher than in the first four months

Economy

Employers announced plans to cut 48,207 jobs in March, according to a report issued by Challenger, Gray & Christmas. March’s announced cuts were 21.7 percent below February’s total, but 31.7 percent above the year-ago rate. Cuts through the first quarter of 2016 were 31.8 percent higher than in the first quarter of 2015. “Job cuts

Economy

Employers announced plans to cut 61,599 jobs in February, according to a report issued by Challenger, Gray & Christmas. February’s announced cuts were 18 percent below January’s total, but 22 percent above the year-ago rate. The planned cuts were led by the energy sector, which has announced plans to shed 45,154 jobs in the first

Economy

Employers announced plans to cut 75,114 jobs in January, the highest number of planned layoffs since July 2015, according to a report issued by Challenger, Gray & Christmas. January’s announced cuts were 218 percent higher than December’s total, and 42 percent above the year-ago rate. The planned cuts were led by retailers, which announced nearly

Economy

Employers announced plans to cut 23,622 jobs in December, the lowest number of planned layoffs since June 2000, according to a report issued by Challenger, Gray & Christmas. December’s announced job cuts were 24 percent lower than November’s, and 28 percent lower than a year ago. In addition, the month’s job cuts represent the lowest

Economy

Employers announced plans to cut 30,953 jobs in November, the lowest number of planned layoffs in over a year according to a report issued by Challenger, Gray & Christmas. November’s announced cuts were 39 percent lower than October’s, and 14 percent lower than a year ago. Year-to-date, employers have announced 574,888 job cuts, 28 percent