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Firms announced 55,597 layoffs last month, down 23.7% from the 72,821 announced in September, outplacement firm Challenger, Gray and Christmas said. Layoffs would have been even lower last month ...
The holiday season and company layoffs go hand in hand. As the holidays draw closer, companies are facing lower consumer confidence and are thus evaluating plans for the 2023 fiscal year. See: 95%...
Last year was catastrophic for employees in some industries. Companies planned 721,677 job cuts, a 98% leap from 2022, according to a report from professional outplacement firm Challenger, Gray &...
A record number of U.S. CEOs exited their jobs this year, according to Challenger, Gray & Christmas, which said companies are responding to an uncertain landscape by installing temporary leaders ...
Former President Barack Obama gave federal employees an extra day off but instead of Christmas Eve, December 26, 2014 was deemed a holiday. Former President George W. Bush also marked Dec. 24 as a ...
The layoffs on the same day Levi's unveiled a proposed 10-year extension to the naming rights for Levi’s Stadium, home of the San Francisco 49ers, in a $170 million deal. Gaming Layoffs Sony
The layoffs are coming even as executives post robust revenue and earnings. While the magnitude of the current bout of layoffs has not matched the dramatic cuts of 2023, the announcements have ...
A strike of Starbucks workers, expected to last until Christmas Eve, has now expanded to 10 major U.S. cities – bad news for last-minute shoppers looking to stop for a coffee break.. The ...