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Category: Research - Topic: Economics - CHALLENGER LAYOFFS


Challenger Layoffs announced 48,786 Job Cuts in June 2024
Posted: July 3, 2024 at 07:30 AM (Wednesday)

U.S.-based employers announced 48,786 cuts in June, down 23.6% from the 63,816 cuts announced one month prior. It is 19.8% higher than the 40,709 cuts announced in the same month in 2023, according to a report released Wednesday from global outplacement and business and executive coaching firm Challenger, Gray & Christmas, Inc.
Challenger, Gray ...


Challenger Layoffs announced 64,789 Job Cuts in April 2024
Posted: May 2, 2024 at 07:30 AM (Thursday)

U.S.-based employers announced 64,789 cuts in April, a 28% decrease from the 90,309 cuts announced one month prior. It is down 3.3% from the 66,995 cuts announced in the same month in 2023, according to a report released Thursday from global outplacement and business and executive coaching firm Challenger, Gray & Christmas, Inc.
So far this ...


Challenger Layoffs announced 90,309 Job Cuts in March 2024
Posted: April 4, 2024 at 07:30 AM (Thursday)

U.S.-based employers announced 90,309 cuts in March, up 7% from the 84,638 cuts announced in February, and virtually the same as (+0.7%) the 89,703 cuts announced in the same month last year. It is the highest monthly total since 102,943 cuts occurred in January 2023, according to a report released Thursday from global outplacement and ...


Challenger Layoffs announced 84,638 Job Cuts in February 2024
Posted: March 7, 2024 at 07:30 AM (Thursday)

U.S.-based employers announced 84,638 cuts in February, up 3% from the 82,307 cuts announced one month prior. It is 9% higher than the 77,770 cuts announced in the same month in 2023, according to a report released Thursday from global outplacement and business and executive coaching firm Challenger, Gray & Christmas, Inc.
Challenger, Gray ...


Challenger Layoffs announced 82,307 Job Cuts in January 2024
Posted: February 1, 2024 at 07:30 AM (Thursday)

U.S.-based employers announced 82,307 cuts in January, a 136% increase from the 34,817 cuts announced one month prior. It is down 20% from the 102,943 cuts announced in the same month in 2023, according to a report released Thursday from global outplacement and business and executive coaching firm Challenger, Gray & Christmas, Inc.
With ...


Challenger Layoffs announced 34,817 Job Cuts in December 2023
Posted: January 4, 2024 at 07:30 AM (Thursday)

U.S.-based employers announced 34,817 cuts in December, down 24% from the 45,510 cuts announced in November, and the second-lowest monthly total in 2023 after the 23,697 job cuts announced in July. It is down 20% from the 43,651 cuts announced in the same month one year prior, according to a report released Thursday from global outplacement ...


Challenger Layoffs announced 45,510 Job Cuts in November 2023
Posted: December 7, 2023 at 07:30 AM (Thursday)

U.S.-based employers announced 45,510 cuts in November, a 24% increase from the 36,836 cuts announced one month prior. It is 41% lower than the 76,835 cuts announced in the same month in 2022, and marks the first time cuts were lower than the corresponding month a year ago since July, according to a report released Thursday from ...


Challenger Layoffs announced 36,836 Job Cuts in October 2023
Posted: November 2, 2023 at 07:00 AM (Thursday)

U.S.-based employers announced 36,836 cuts in October, a 22% decrease from the 47,457 cuts announced one month prior. It is 9% higher than the 33,843 cuts announced in the same month last year, according to a report released Thursday from global outplacement and business and executive coaching firm Challenger, Gray & ...


Challenger Layoffs announced 47,457 Job Cuts in Sept. 2023
Posted: October 5, 2023 at 07:30 AM (Thursday)

U.S.-based employers announced 47,457 cuts in September, down 37% from the 75,151 cuts announced in August. It is up 58% from the 29,989 announced in the same month one year prior, according to a report released Thursday from global outplacement and business and executive coaching firm Challenger, Gray & Christmas, Inc.
Despite the ...


Challenger Layoffs announced 75,151 Job Cuts in August 2023
Posted: August 31, 2023 at 07:30 AM (Thursday)

U.S.-based employers announced 75,151 cuts in August, a 217% increase from the 23,697 cuts announced one month prior. It is 267% higher than the 20,485 cuts announced in the same month in 2022, according to a report released Thursday from global outplacement and business and executive coaching firm Challenger, Gray & Christmas, Inc. So far ...


Challenger Layoffs announced 23,697 Job Cuts in July 2023
Posted: August 3, 2023 at 07:30 AM (Thursday)

U.S.-based employers announced 23,697 cuts in July a 42% decrease from the 40,709 cuts announced one month prior. It is 8% lower than the 25,810 cuts announced in the same month last year, and marks the first time this year cuts were lower than the corresponding month one year earlier, according to a report released Thursday from ...


Challenger Layoffs announced 89,703 Job Cuts in March 2023, Highest Q1 Since 2020
Posted: April 6, 2023 at 07:30 AM (Thursday)

U.S.-based employers announced 89,703 cuts in March, up 15% from the 77,770 announced in February. It is up 319% from the 21,387 cuts announced in the same month in 2022, according to a report released Thursday from global outplacement and business and executive coaching firm Challenger, Gray & Christmas, Inc.
March's total marks the third ...


Challenger Layoffs announced 77,770 Job Cuts in February 2023
Posted: March 9, 2023 at 07:30 AM (Thursday)

In the shortest month of the year, U.S.-based employers announced 77,770 job cuts in February, down a 24% from the 102,943 cuts announced in January. It is 410% higher than the 15,245 cuts announced in the same month last year, according to a report released Thursday from global outplacement and business and executive coaching firm ...


Challenger Layoffs announced 102,943 Job Cuts in January 2023
Posted: February 2, 2023 at 07:30 AM (Thursday)

U.S.-based employers announced 102,943 cuts in January, a 136% increase from the 43,651 cuts announced in December. It is 440% higher than the 19,064 cuts announced in the same month in 2022, according to a report released Thursday from global outplacement and business and executive coaching firm Challenger, Gray & Christmas, Inc.
Last ...


Challenger Layoffs announced 43,651 Job Cuts in December 2022
Posted: January 5, 2023 at 07:30 AM (Thursday)

U.S.-based employers announced 43,651 cuts in December, falling 43% from the 76,835 announced in November. It is up 129% from the 19,052 cuts announced in the same month in 2021, according to a report released Thursday from global outplacement and business and executive coaching firm Challenger, Gray & Christmas, Inc.
December's total is ...


Challenger Layoffs announced 76,835 Job Cuts in November 2022
Posted: December 1, 2022 at 07:30 AM (Thursday)

U.S.-based employers announced 76,835 cuts in November, a 127% increase from the 33,843 cuts announced in October. It is 417% higher than the 14,875 cuts announced in the same month last year, according to a report released Thursday from global outplacement and business and executive coaching firm Challenger, Gray & Christmas, Inc. November ...


Challenger Layoffs announced 33,843 Job Cuts in October 2022
Posted: November 3, 2022 at 07:30 AM (Thursday)

U.S.-based employers announced 33,843 job cuts in October a 13% increase from the 29,989 cuts in September. It is 48% higher than the 22,822 cuts announced in the same month last year, according to a report released Thursday from global outplacement and business and executive coaching firm Challenger, Gray & Christmas, Inc.
October saw the ...


Challenger Layoffs announced 29,989 Job Cuts in September 2022
Posted: October 6, 2022 at 07:30 AM (Thursday)

U.S.-based employers announced 29,989 cuts in September, a 46.4% increase from the 20,485 cuts announced in August. It is 67.6% higher than the 17,898 cuts announced in the same month last year, according to a report released Thursday from global outplacement and business and executive coaching firm Challenger, Gray & Christmas, ...


Challenger Layoffs announced 20,485 Job Cuts in August 2022
Posted: September 1, 2022 at 07:30 AM (Thursday)

U.S.-based employers announced 20,485 cuts in August, a 21% decrease from the 25,810 cuts announced one month prior. It is 30% higher than the 15,723 cuts announced in the same month last year, according to a report released Thursday from global outplacement and business and executive coaching firm Challenger, Gray & Christmas, Inc.
August ...


Challenger Layoffs announced 25,810 Job Cuts in July 2022
Posted: August 4, 2022 at 07:30 AM (Thursday)

U.S.-based employers announced 25,810 cuts in July, a 20.6% decrease from the 32,517 cuts announced in June. It is 36.3% higher than the 18,942 cuts announced in the same month last year, according to a report released Thursday from global outplacement and business and executive coaching firm Challenger, Gray & Christmas, Inc. July marks ...


Challenger Layoffs announced 32,517 Job Cuts in June 2022
Posted: July 7, 2022 at 07:30 AM (Thursday)

U.S.-based employers announced 32,517 cuts in June, a 58.8% increase from the 20,476 cuts announced in the same month last year. It is 57% higher than the 20,712 cuts announced in May, according to a report released Thursday from global outplacement and business and executive coaching firm Challenger, Gray & Christmas, Inc.
June marks the ...


Challenger Layoffs announced 20,712 Job Cuts in May 2022
Posted: June 2, 2022 at 07:00 AM (Thursday)

U.S.-based employers announced 20,712 cuts in May, a 14.7% decrease from the 24,286 announced in April. It is 15.8% lower than the 24,586 cuts announced in May of 2021, according to a report released Thursday from global outplacement and business and executive coaching firm Challenger, Gray & ...


Challenger Layoffs announced 24,286 Job Cuts in April 2022
Posted: May 5, 2022 at 07:30 AM (Thursday)

U.S.-based employers announced 24,286 cuts in April, a 14% increase from the 21,387 announced in March and up 6% from the 22,913 cuts announced in April 2021. It is the first time this year job cuts were higher than the corresponding month a year earlier, according to a report released Thursday from global outplacement and business and ...


Challenger Layoffs announced 21,387 Job Cuts in March 2022
Posted: March 31, 2022 at 07:30 AM (Thursday)

U.S.-based employers announced 21,387 cuts in March, up 40.3% from the 15,245 cuts announced in February. It is the highest monthly total since October 2021, when 22,822 cuts were announced, according to a report released Thursday from global outplacement and business and executive coaching firm Challenger, Gray & Christmas, ...


Challenger Layoffs announced 19,064 Job Cuts in February 2022
Posted: March 3, 2022 at 07:30 AM (Thursday)

U.S.-based employers announced 15,245 cuts in February, a 20% drop from the 19,064 cuts announced in January. Meanwhile, employers in the U.S. announced plans to hire 215,127 workers, the highest February total on record, according to a report released Thursday from global outplacement and business and executive coaching firm Challenger, Gray ...


Challenger Layoffs announced 19,064 Job Cuts in January 2022
Posted: February 3, 2022 at 07:30 AM (Thursday)

U.S.-based employers announced virtually the same number of job cuts in January as in December with 19,064, up .063% from the 19,052 announced one month prior. It is 76% lower than the 79,552 cuts announced in the same month in 2021, according to a report released Thursday from global outplacement and business and executive coaching ...


Challenger Layoffs announced 19,052 Job Cuts in December 2021
Posted: January 6, 2022 at 07:30 AM (Thursday)

Job cuts announced by U.S.-based employers rose 28.1% in December to 19,052 from the 14,875 announced in November. It is 75.3% lower than the 77,030 announced in December 2020, according to a report released Thursday from global outplacement and business and executive coaching firm Challenger, Gray & Christmas, Inc.
Source: Challenger, Gray ...


Challenger Layoffs announced 14,875 Job Cuts in November 2021
Posted: December 2, 2021 at 07:30 AM (Thursday)

Job cuts announced by U.S.-based employers plummeted 34.8% in November to 14,875 from the 22,822 announced in October. It is the lowest monthly total since 14,086 cuts were recorded in May 1993, according to a report released Thursday from global outplacement and business and executive coaching firm Challenger, Gray & Christmas, ...


Challenger Layoffs announced 22,822 Job Cuts in October 2021
Posted: November 4, 2021 at 07:30 AM (Thursday)

Job cuts announced by U.S.-based employers rose 27.5% in October to 22,822 from the 17,895 announced in September. It is the highest monthly total since May, when 24,586 cuts were recorded, according to a report released Thursday from global outplacement and business and executive coaching firm Challenger, Gray & Christmas, ...


Challenger Layoffs announced 17,895 Job Cuts in September 2021
Posted: October 7, 2021 at 07:30 AM (Thursday)

Job cuts announced by U.S.-based employers rose 14% in September to 17,895 from the 24-year low of 15,723 cuts announced in August, according to a report released Thursday from global outplacement and business and executive coaching firm Challenger, Gray & Christmas, Inc.
September's total is 85% lower than the same month last year, when ...


Challenger Layoffs announced 15,723 Job Cuts in August 2021
Posted: September 2, 2021 at 07:30 AM (Thursday)

U.S.-based employers announced 15,723 job cuts in August, down 17% from the 18,942 cuts announced in July. Last month's total is the lowest since in June 1997, when 15,091 job cuts were announced, according to a report released Thursday from global outplacement and business and executive coaching firm Challenger, Gray & Christmas, Inc. ...


Challenger Layoffs announced 18,942 Job Cuts in July 2021
Posted: August 5, 2021 at 07:30 AM (Thursday)

As companies increasingly report difficulty finding and keeping talent and the Delta variant spurs a rise in COVID cases, U.S.-based employers announced 18,942 job cuts in July, down 93% from the 262,649 cuts announced in the same month last year. Last month's total is the lowest since in June 2000, when 17,241 job cuts were announced, ...


Challenger Layoffs announced 20,476 Job Cuts in June 2021
Posted: July 1, 2021 at 07:30 AM (Thursday)

Job cuts announced by U.S.-based employers fell 16.7% in June to 20,476 from 24,586 cuts announced in May. Last month's total is the lowest monthly total since June 2000, when 17,241 job cuts were recorded, according to a report released Thursday from global outplacement and business and executive coaching firm Challenger, Gray & ...


Challenger Layoffs announced 24,586 Job Cuts in May 2021
Posted: June 3, 2021 at 07:30 AM (Thursday)

Job cuts announced by U.S.-based employers rose 7% in May to 24,586 from the 22,913 announced in April. Last month's total is down 93.8% from May 2020, when employers announced 397,016 cuts, according to a report released Thursday from global outplacement and business and executive coaching firm Challenger, Gray & Christmas, Inc. So far this ...


Challenger Layoffs announced 22,913 Job Cuts in April 2021
Posted: May 6, 2021 at 07:30 AM (Thursday)

Job cuts announced by U.S.-based employers fell 25% in April to 22,913 from the 30,603 announced in March. Last month's total is down 96.6% from last April, when employers announced 671,129 cuts, the highest monthly total on record, according to a report released Thursday from global outplacement and business and executive coaching ...


Challenger Layoffs announced 30,603 Job Cuts in March 2021
Posted: April 1, 2021 at 07:30 AM (Thursday)

Job cuts announced by U.S.-based employers fell 86% in March to 30,603 from the 222,288 job cuts announced in the same month last year, when the fallout from the COVID-19 lockdowns began to impact businesses across the country, according to a report released Thursday from global outplacement and business and executive coaching firm ...


Challenger Layoffs announced 34,531 Job Cuts in February 2021
Posted: March 4, 2021 at 07:30 AM (Thursday)

Planned job cuts announced by U.S.-based companies fell 57% to 34,531 in February from 79,552 in January. It was the lowest monthly total since December 2019, when 32,843 job cuts were announced, according to a report released Thursday by global outplacement and business and executive coaching firm Challenger, Gray & Christmas, Inc. Last ...


Challenger Layoffs announced 79,552 Job Cuts in January 2021
Posted: February 4, 2021 at 07:30 AM (Thursday)

Planned job cuts announced by U.S.-based companies rose 3.3%, to 79,552, in January from 77,030 in December, according to a report released Thursday by global outplacement and business and executive coaching firm Challenger, Gray & Christmas, Inc. January's total is 17.4% higher than the 67,735 cuts announced in the same month last year. It is ...


Challenger Layoffs announced 77,030 Job Cuts in December 2020
Posted: January 7, 2021 at 07:30 AM (Thursday)

Planned job cuts announced by U.S.-based companies jumped to 77,030 in December, up 18.9% from the 64,797 in November, according to a report released Thursday by global outplacement and business and executive coaching firm Challenger, Gray & Christmas, Inc. December's total is 134.5% higher than the 32,843 cuts announced in the final month ...


Challenger Layoffs announced 64,797 Job Cuts in November 2020
Posted: December 3, 2020 at 07:30 AM (Thursday)

In the penultimate month of the year, U.S.-based employers announced 64,797 job cuts, the second-lowest monthly total for 2020. It is 19.7% lower than the 80,666 job cuts announced in October, according to a report released Thursday by global outplacement and business and executive coaching firm Challenger, Gray & ...


Challenger Layoffs announced 80,666 Job Cuts in October 2020
Posted: November 5, 2020 at 07:30 AM (Thursday)

October marked the lowest number of layoffs in seven months, as U.S.-based employers announced plans to cut 80,666 jobs from their payrolls, according to a report released Thursday by global outplacement and business and executive coaching firm Challenger, Gray & ...


Challenger Layoffs announced 118,804 Job Cuts in September 2020
Posted: October 1, 2020 at 07:30 AM (Thursday)

Job cuts announced by U.S.-based employers jumped to 118,804 in September, up 2.6% from August’s total of 115,762, according to a monthly report released Thursday by global outplacement and business and executive coaching firm Challenger, Gray & Christmas, Inc. September’s total is 186% higher than the 41,557 job cuts announced in ...


Challenger Layoffs announced 115,762 Job Cuts in August 2020
Posted: September 3, 2020 at 07:30 AM (Thursday)

Job cuts announced by U.S.-based employers in August totaled 115,762, 116% higher than the August 2019 total of 53,480, according to a monthly report released Thursday by global outplacement and business and executive coaching firm Challenger, Gray & Christmas, Inc.

August’s total is 56% lower than the 262,649 job cuts announced in July. It is the highest total in August since 2002, when 118,067 job cuts were announced. So far this year, employers have announced 1,963,458 cuts, 231% higher than the 592,556 cuts tracked in ...


Challenger Layoffs announced 262,649 cuts in July 2020
Posted: August 6, 2020 at 07:30 AM (Thursday)

Job cuts announced by U.S.-based employers jumped in July to 262,649, the third-largest monthly total ever behind April’s 671,129 and May’s 397,016, according to a monthly report released Thursday by global outplacement and business and executive coaching firm Challenger, Gray & Christmas, ...


Challenger Layoffs announced 397,016 cuts in June 2020
Posted: July 1, 2020 at 07:30 AM (Wednesday)

Job cuts announced by U.S.-based employers hit 1,238,364 in the second quarter, the highest quarterly total on record, according to a monthly report released Thursday by global outplacement and business and executive coaching firm Challenger, Gray & Christmas, Inc.

June job cuts totaled 170,219, down 57% from May’s total of 397,016, and up 306% from the 41,977 cuts recorded in the same month last year. Prior to when cuts began to increase this year in March, it is the highest monthly total since February 2009, when 186,350 job cuts ...


Challenger Layoffs announced 397,016 cuts in May 2020
Posted: June 4, 2020 at 07:30 AM (Thursday)

Job cuts announced by U.S.-based employers totaled 397,016 in May, down 40.8% from April’s total of 671,129, the highest monthly total on record. Despite the drop, last month’s total is the second highest monthly total on record since global outplacement and business and executive coaching firm Challenger, Gray & Christmas, Inc. began tracking ...


Challenger Layoffs announced 671,129 cuts in April 2020
Posted: May 7, 2020 at 07:00 AM (Thursday)

Job cuts announced by U.S.-based employers spiked to 671,129, the highest single-month total on record. Challenger began tracking job cut announcements in January 1993. Last month’s total was primarily due to the COVID-19 pandemic, which was cited as the reason for 633,082 job cuts, according to a monthly report released Thursday from ...


Challenger Layoffs announced 222,288 cuts in March 2020
Posted: April 2, 2020 at 07:30 AM (Thursday)

Job cuts announced by U.S.-based employers surged 292% from February’s total of 56,660 to 222,288 in March. March was the first month to report job cut announcements specifically due to the COVID-19 pandemic, according to a report released Thursday from global outplacement and business and executive coaching firm Challenger, Gray & Christmas, ...


Challenger Layoffs announced 56,660 cuts in February 2020
Posted: March 5, 2020 at 08:30 AM (Thursday)

Job cuts announced by U.S.-based employers fell 16.4% from January’s total of 67,735 to 56,660 in February. Despite widespread concern, COVID-19 has not yet caused companies to cut positions, according to a report released Thursday from global outplacement and business and executive coaching firm Challenger, Gray & ...


Challenger Layoffs announced 67,735 cuts in January
Posted: February 6, 2020 at 07:30 AM (Thursday)

Job cuts announced by U.S.-based employers jumped 106%, from December’s total of 32,843 to 67,735, the highest monthly total since February 2019, according to a report released Thursday from global outplacement and business and executive coaching firm Challenger, Gray & ...



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