There’s an upswing in CEOs either walking or being shoved off the corporate plank, according to Challenger, Gray & Christmas, outplacement firm.
Juul Labs’ Kevin Burns, WeWork’s Adam Neumann and eBay’s Devin Wenig are among the latest high-profile chiefs to get the old heave-ho.
CG&C reports that a record 159 CEOs exited their jobs in August, an uptick of 28 percent from July.
During the first eight months of 2019, 1,009 CEOs departed, which is 15 percent more than the comparable 2018 period.
CEOs are vanishing at a faster clip than the recession year of 2008, which was the biggest year of exits.
Andrew Challenger believes uncertainty surrounding global business conditions and market strengths are why CEOs are getting the ax.
That’s good news for CG&C: lots of jobs to fill.
In making his annual “America First” pitch at the United Nations on Sept. 24, Donald Trump said each nation has a “cherished history, culture and heritage, that is worth defending and celebrating.”
The future doesn’t belong to globalists, he added, a statement that didn’t go over very well with the UN crowd.
That sentiment also doesn’t go over very well with the folks back home.
Nearly seven-in-10 (69 percent) of Americans want the US to take an active part in global affairs, according to survey released Sept. 6 by the Chicago Council on Global Affairs. Thirty percent want to build a wall around the US.
That level of support for the UN is the highest recorded in the 45-year history of the Chicago Council survey.
There’s across-the-board backing of US involvement overseas. Three quarters of Democrats support foreign activism, followed by Republicans (69 percent) and Independents (64 percent).
The Council’s survey found that a solid majority (87 percent) of Americans support international trade but are split when it comes to China.
More than half (54 percent) of Republicans view China as a “critical threat” to the US. That number compares with 40 percent of Independents and 36 percent of Democrats.
And speaking of the UN, 59 percent of Americans have a favorable opinion of the world body, according to Pew Research. A third don't like it.
Europe was especially bullish on the UN with a median support level of 62 percent. Sweden (80 percent), Poland (78 percent), Lithuania (71 percent), Italy (71 percent) and the Netherlands (70 percent) registered the strongest support of the US.
Israel (65 percent), Russia (43 percent), Tunisia (40 percent), Greece (36 percent) and Japan (35 percent) have unfavorable views of the UN.