In the first quarter of this year, over 600 CEOs departed from their positions, a 50% increase from the same period in 2023, as reported by Challenger, Gray & Christmas. Andy Challenger of the firm suggests that the rise may be related to the impact of the COVID pandemic, with companies being hesitant to make leadership changes during times of crisis. This trend highlights the challenges faced by businesses in navigating the uncertainties brought about by the ongoing global health crisis.
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