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The Latest Breaking News from Andy Challenger

A Report Says The Worst AI-Related Labor Fears Are Not Materializing Yet. Jobs Are Falling While Hiring Is On The Rise.

Announced layoffs fell in July while announced hirings by companies reached their highest level for the month since 2022, according to a report by global outplacement firm Challenger, Gray & Christmas.

International Business Times

97,006 Jobs Cut in a Month as Amazon, Meta, and Groupon Join 2026 Layoff Wave

97,006 Jobs Cut in a Month as Amazon, Meta, and Groupon Join 2026 Layoff Wave

US employers cut 97,006 jobs in May 2026, the worst May since 2020, as AI was named the leading reason for a third consecutive month.

International Business Times UK

Everyone Blames AI for Retail Layoffs: The Warn Notices Tell a Different Story

Everyone Blames AI for Retail Layoffs: The Warn Notices Tell a Different Story

Discover the truth behind 2026 retail layoffs in the UK. Mergers and rising costs, not AI, are impacting entry-level jobs. Learn how this affects your family.

International Business Times UK

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Fewer Than 4 In 10 Americans Are Not Worried About AI Replacing The Job Of Someone In Their Household: Poll

More than half of Americans surveyed in a recent poll said they are afraid that AI could lead people in their household to lose their jobs.

International Business Times

Firms on AI spending spree: US tech companies cut most jobs in nearly 2 years

The tech sector said last month it planned to eliminate 38,242 positions, the most since August 2024, according to data from outplacement firm Challenger, Gray & Christmas. So far this year, the industry has announced 123,653 cuts, up more than 65% from the same period in 2025.

The Economic Times

US tech layoffs record single-highest month in two years, and more than any other sector — nearly 40,000 get the axe, AI the most cited reason for layoffs

U.S. tech companies announced 38,242 job cuts in May, more than any other sector and the industry's heaviest month of reductions in nearly two years.

Tom’s Hardware

Teens are up against the worst summer job market in nearly 80 years—they’re fighting against hundreds to work at ice cream shops and swimming pools

High schoolers haven’t faced this tough of a summer job market since 1948. Rising inflation, higher oil prices, and a slow hiring market are to blame.

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HSBC CEO Tells Staff Not To Resist AI As It Could Make Them 'More Productive Versions Of Themselves'

HSBC CEO Tells Staff Not To Resist AI As It Could Make Them 'More Productive Versions Of Themselves'

HSBC CEO Georges Elhedery told staff not to fight AI as it could make them "more productive versions of themselves".

International Business Times

Democrats Significantly Less Likely To Trust AI Companies Than Republicans, Poll Shows

Democrats Significantly Less Likely To Trust AI Companies Than Republicans, Poll Shows

Democrats are less likely than Republicans to trust companies at the forefront of AI, according to a new poll.

International Business Times

LinkedIn Lays Off 5% Of Its Staff As Cuts In Tech Industry Continue

LinkedIn Lays Off 5% Of Its Staff As Cuts In Tech Industry Continue

LinkedIn is laying off 5% of its staff as cuts in the tech industry continue.

International Business Times

Workplace Expert Warns 'Nice Reprieve' in Latest Layoff Report Won't Last

Workplace Expert Warns 'Nice Reprieve' in Latest Layoff Report Won't Last

Although layoffs declined in February, troubling times might lie ahead for the labor market

International Business Times

The taboo against holiday layoffs is fading.

The stigma of layoffs during the holiday season has faded.

US Layoffs Fall Sharply In November — So Why Are Companies Still Avoiding Hiring?

US Layoffs Fall Sharply In November — So Why Are Companies Still Avoiding Hiring?

Layoffs announced by U.S. employers slowed sharply in November, but companies showed little appetite to add workers, underscoring a labor market that remains stuck in caution mode as firms confront soft demand, tariff pressures, and rising operating costs.

'October’s pace of job cutting was much higher than average': Definitive layoff report reveals 'DOGE impact' on labor market

'October’s pace of job cutting was much higher than average': Definitive layoff report reveals 'DOGE impact' on labor market

Andy Challenger says “Those laid off now are finding it harder to quickly secure new roles, which could further loosen the labor market.”

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America's Layoff Crisis Deepens As AI Quietly Replaces Workers

The U.S. labor market is flashing red across the board. While official government data remains paused due to the government shutdown, private-sector reports are sending an unmistakable signal: layoffs are soaring, hiring is collapsing, and artificial intelligence is quietly replacing workers at an unprecedented pace.

The Independent UK

Uncertainty over the economy and tariffs forces many retailers to be cautious on holiday hiring

Rising tariff costs and other economic factors are forcing retailers to pull back or even delay their plans to hire seasonal workers

International Business Times

US Layoffs Hit Highest Level Since 2020 as Nearly 950,000 Jobs Cut

U.S. layoffs hit 950,000 in 2025, marking the highest level since 2020 amid a slowing job market and reduced hiring.

Stocks at New Highs as Shutdown Drags On: Stock Market Today

The Nasdaq Composite, S&P 500 and Dow Jones Industrial Average all notched new record closes Thursday as tech stocks gained.

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'The rise of the CEO gig economy': Turnover in the corner office is the highest in decades, report finds

"Identifying the right leader for long-term success has become increasingly difficult,” says Andy Challenger, labor and workplace expert at Challenger, Gray & Christmas.

The Independent UK

Amazon, Target and other retailers are ramping up hiring for the holiday shopping season

Retailers are ramping up hiring for the holiday season

Remote work, AI, and skills-based hiring threaten to put our jobs on the chopping block—but experts say those fears are overblown

Jobs of the future will look different, but yours is probably safe. Just not in the way you think.

A.I. stole the jobs of 4,000 people in May, according to a new report

White-collar jobs are most at risk.

Layoffs via Zoom, once novel, will outlast the pandemic

There's no great way to break the news.

Los Angeles Times

Remote workers could be the first to go in the next round of recession layoffs

Ernanda White's layoff was sudden and swift. Eight months of steady work ended in a 15-minute Zoom call.

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