Employers at U.S.-based companies announced plans to cut 52,988 jobs from their payrolls in January, 20.7 percent higher than the 43,884 announced in December.
January's total was 18.7 percent higher than the 44,653 cuts announced in the same month last year. The report on February job cuts will be released by global outplacement consultancy Challenger, Gray & Christmas, Inc. onThursday, March 7 at 7:30 a.m. ET.
# # #
February CEO Report Due Wednesday, March 13
U.S.-based companies announced 157 chief executive officer changes to start the year, the highest monthly total on record. January's total was 21.7 percent higher than the 129 CEO exits announced in December and 18.9 percent higher than the 132 CEOs who left their posts in January of last year. It is the highest monthly total since Challenger began tracking in 2002. The Challenger report on February CEO turnover will be released Wednesday, March 13, at 10:00 a.m. ET.
CONTACT
Colleen Madden Blumenfeld, Director of Public Relations
Office: 312-422-5074
Mobile: 314-807-1568
colleenmadden@challengergray.com