April Job Cut Report Due Thursday, May 2
First quarter job cut announcements hit 190,410, 10.3% higher than the 172,601 cuts announced in the final quarter of 2018 and 35.6% higher than the 140,379 announced in the same quarter last year. It is the highest quarterly total since Q3 2015, when 205,759 cuts were announced. It is also the highest first quarter total since 2009, when 562,510 cuts were recorded. Will increased cuts continue? The report on April job cuts will be released by global outplacement consultancy Challenger, Gray & Christmas, Inc. on Thursday, May 2 at 7:30 a.m. ET.
April CEO Report Due Wednesday, May 8
Employers at U.S.-based companies announced 135 chief executive officer changes in March, 8.9% higher than the 124 CEO changes announced in February. March's total was 40.6% higher than the 96 CEO exits announced in the same month last year. In the first quarter, 416 CEOs have left their posts, 22% higher than the 341 CEOs who left their posts during the same period in 2018. The Challenger report on April CEO turnover will be released Wednesday, May 8, at 10:00 a.m. ET.