October Job Cut Report Due Thursday, November 3

Monthly job cuts increased to close out the third quarter, as employers announced plans to shed 44,324 workers from the payrolls in September. Last month’s total was 38 percent higher than August, when announcements fell to 32,188, the second lowest total of the year behind May’s 30,157. While September job cuts were up from the previous month, they were 25 percent lower than the 58,877 planned layoffs announced in September 2015. The report on October job cuts will be released by global outplacement consultancy Challenger, Gray & Christmas, Inc. on Thursday, November 3 at 7:30 a.m. ET.

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October CEO Report Due Wednesday, November 9
Turnover among the nation’s chief executive officers jumped in September as 119 planned CEO departures were reported, up 9 percent from the 109 in August. Overall, third-quarter CEO departures totaled 320, an increase of 5 percent from the 305 announced during the preceding quarter. The third quarter total was 5 percent lower than the same three-month period last year when 339 CEO changes were recorded. Challenger has now tracked 944 CEO changes so far this year, 1.8 percent more than the 927 departures announced in the first nine months of 2015. The Challenger report on October CEO turnover will be released Wednesday, November 9, at 10:00 a.m. ET.
To arrange an interview with John A. Challenger, chief executive officer of Challenger, Gray & Christmas or to obtain more information, please contact Jim Pedderson or Colleen Madden Blumenfeld.

CONTACTS
James K. Pedderson, Director of Public Relations
Office: 312-422-5078
Mobile: 847-567-1463
Skype: james.pedderson
jamespedderson@challengergray.com

Colleen Madden, Media Relations Manager
Office: 312-422-5074
Skype: colleen-madden
colleenmadden@challengergray.com