Corporate Layoff Announcements
Market Sensitivity: Low.
What Is It: Counts layoffs announced by public companies.
Home Web Address: www.challengergray.com (data is available only through subscription).
Release Time: 10 A.M. (ET); published a week after the end of the reference month.
Frequency: Monthly.
Source: Challenger, Gray & Christmas.
Revisions: No revisions are made to previously released data.
Why Is It Important
Since the 1980s, there has been a continuous wave of mergers, plant closings, restructurings, and consolidations. Such corporate changes are to be expected in an open, competitive, and dynamic economy. But one very painful by-product of all this activity has been the existence of massive layoffs. Displaced workers now must ...
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