The pace of downsizing fell to the lowest level of the year in July, as U.S.-based employers announced plans to cut 27,122 workers from payrolls during the month. July's total fell 27.1 percent from the 37,202 cuts announced in June and 4.2 percent from the same time last year, when 28,307 cuts were announced. Last month's total was the lowest of the year, falling below the previous low of 31,517 recorded in May. July's cuts were the lowest since November 2016, when employers announced 26,936 cuts. Will this trend continue? The report on August job cuts will be released by global outplacement consultancy Challenger, Gray & Christmas, Inc. on Thursday, September 6, at 7:30 a.m. ET.

August CEO Turnover Report Due Wednesday, September 12
A total of 94 Chief Executive Officers left their posts in July, up 4 percent from June's total of 90. July departures are 8 percent lower than the 102 CEOs who left their posts in the same month last year. So far this year, 725 CEO changes have been recorded, 8 percent more than the 669 CEO departures recorded last year. Will more CEOs take advantage of the tight labor market and find new positions? The Challenger report on August CEO turnover will be released Wednesday, September 12, at 10:00 a.m. ET.

CONTACTS        
Colleen Madden Blumenfeld
Director of Public Relations
Office: 312-422-5074
Mobile: 314-807-1568
colleenmadden@challengergray.com