Employers going for hybrid may think four days a week and employees think it should be zero, as the labor market cools, we'll get closer to a new post-Covid equilibrium.

Andrew Challenger

We've been in a period of extremely low layoffs and a labor shortage. Companies have been reticent to let go of anybody.

Andrew Challenger

The CEO exodus continues. Economic conditions, rising inflation, and recession concerns are making boards rethink leadership and leaders rethink if they want to take on these challenges.

Andrew Challenger

Companies have been hanging onto people and are loathe to let them go in this environment.

Andrew Challenger

Companies are much more concerned about their talent getting poached than with finding ways to cut staff. They are in full retention mode.

Andrew Challenger

We're seeing a lot more [ buyout ] activity right now because there is so much uncertainty, voluntary programs can be a good first step if you're looking at reducing headcounts. It maybe saves positions of some people who would like to have a future with the company, and offers choices for those considering making a life change. It can be a valuable program for both employers and employees.

Andrew Challenger