# Andy Challenger

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'Alarming' Labor Market Trends to Watch as Hiring Stalls | Andy Challenger

Andy Challenger, SVP at Challenger, Gray, & Christmas, speaks with Kyla Scanlon about the recent surge in job cuts and slowdown in hiring plans, indicating a deteriorating labor market. A new report from Challenger found that U.S.-based employers announced 75,891 cuts in August, a 193% increase fro…

'Goldilocks' Jobs Report: Payrolls Stronger, Wage Inflation Woes & Sector Analysis

Andy Challenger calls the May jobs report a "relatively sound" one. He notes non-farm payrolls as a signal of strength, though he sees weakness for future payroll investments as the latest print showed inflation concerns. David Volpe attributes the clash of data to a "goldilocks" report that paints…

U.S. companies announced most job cuts for any January since 2009

U.S. companies announced the largest number of job cuts for any January since the depths of the Great Recession in 2009, according to data from outplacement firm Challenger, Gray & Christmas. Companies last month announced 108,435 job cuts, a 118% increase from a year earlier. The report on Thursda…

Microsoft's AI chief puts an 18-month countdown on your job; AI wins 83% of real professional tasks; Goldman counts 16,000 jobs lost monthly; South Korea plans for job disruptions, D.C. doesn't care.

The Man Who Runs Microsoft’s AI Division Just Put a Countdown on Your Job On Tuesday, Sam Altman spoke to executives in Sydney and said the jobs apocalypse was overblown. On Wednesday, the man who runs Microsoft’s AI division contradicted him directly. Mustafa Suleyman told the Financial Times that…

Bill Bradley on the Knicks Then and Now | Andy Challenger on the Tough Teen Job Market | MacFarlane Mondays

Tonight on America at Night with McGraw Milhaven: Andy Challenger, Senior Vice President of Sales at Challenger, Gray & Christmas, joins the show to discuss why this summer’s teen job market is shaping up to be one of the toughest in decades. Challenger explains the factors behind the challenging …

Record AI job cuts, record jobs report — same Friday; tech shed 38K jobs; 172K added elsewhe; white-collar cuts hidden; 40M gig workers unprotected; S Korea has a plan, the U.S. does not

The headline number from this morning’s government jobs report deserves a closer look before anyone feels too good about it. The economy added 172,000 jobs in May. Wall Street expected 80,000. The unemployment rate held at 4.3%. On paper, this is a strong labor market doing exactly what a strong la…

AI Is Now the #1 Reason for Layoffs: Reading the 2026 Workforce Data

Three Honest Observations Tech is the exception — 5.8% vs 3.8% overall; displacement invisible in macro stats Regulation mobilizing — Newsom executive order; EU pressure; state legislation likely 2026-27 "More jobs than it destroys" is partly evasive — new roles need different skills; reskilling t…

August 2026 Labor Market Update with Andy Challenger

Andy Challenger of Challenger, Gray & Christmas examines the state of the U.S. labor market in August 2026 and what the latest employment data means for employers and job seekers. In this labor market update, Andy looks at the forces shaping hiring, layoffs, and worker movement, and provides contex…

August 2026 Challenger Report: Job Cuts, Hiring Plans, and What They Mean

U.S. employers announced 52,881 job cuts in August 2026—up 58% from July, but down 38% from August 2025. Andy Challenger breaks down the industries behind the cuts, why restructuring led the month, and what rising hiring plans tell us about the labor market. Andy Challenger is Chief Revenue Office…

The Return on Taking Care of Your People

What does outplacement return to your organization? Andy Challenger breaks down the business case—from employee turnover and engagement to legal risk and employer reputation—and explains how HR leaders can bring meaningful numbers into the budget conversation. In this episode of HR Current:• Look b…