You Searched For "coronavirus layoffs" and got 20 results
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2 mins read
Nancy Pelosi said she won't back a standalone aid deal for airlines without a broader pandemic relief package
US airlines last week began the process of furloughing over 32,000 workers, with tens of thousands …
David Slotnick
2 mins read
American, United Airlines to begin furloughs for tens of thousands of workers as federal payroll program expires on October 1
American Airlines is set to furlough 19,000 employees, and United is expecting about 13,000, accord…
Lauren Frias
2 mins read
American Airlines says it will furlough 19,000 workers unless Congress agrees on more COVID-19 relief
American Airlines will furlough between 17,000 and 19,000 employees on October 1 as the coronavirus…
David Slotnick
2 mins read
Boeing will lay off nearly 7,000 workers as the industry is decimated by the COVID-19 pandemic
The company described the layoffs as "the first," with more expected later in the year.
David Slotnick
4 mins read
Unlike recent recessions, office jobs are most at risk of layoffs in the coming economic downturn
Remote-friendly firms fared the best as the US fell into lockdown. Now it's the "pajama-pants occup…
Ben Winck,Madison Hoff
2 mins read
Goldman Sachs is planning its second round of layoffs in less than 3 months, after initially saying job cuts would resume in 2021
CEO David Solomon said in June said that Goldman had refrained from cuts "because it hasn't been ap…
Tyler Sonnemaker
2 mins read
Black and Latino workers are more likely to lose their jobs in the 2nd wave of COVID-19 layoffs, study finds
Since being put back on payroll, 32% of Latino workers and 31% of Black workers have been laid off …
Carmen Reinicke
2 mins read
MakeMyTrip fires 350 employees as company looks for ways to sustain during the Covid19 pandemic
“It’s become agonisingly clear that there are certain lines of business (LoBs) that are far deep…
2 mins read
HBO owner WarnerMedia will reportedly cut thousands of jobs as COVID-19 ravages sales from movie tickets, subscriptions, and TV ads
Sources told the Wall Street Journal that the layoffs could begin in the coming weeks and will hit …
Saloni Sardana
2 mins read
Southwest CEO said the airline can avoid furloughs — if workers accept pay cuts
Southwest is among the few carriers that will avoid furloughs in 2020, but the airline warned that …
David Slotnick
5 mins read
More than 32,000 airline workers are losing their jobs after Congress failed to pass a last-minute funding extension
Many workers plan to tread water as the pandemic drags on, but hope to return to the skies the mome…
David Slotnick
2 mins read
Goldman Sachs is slashing 1% of its workforce after pausing job cuts during the pandemic, report says
Confidential sources told Bloomberg on Wednesday the job cuts amounts to roughly 400 jobs across th…
Saloni Sardana
1 min read
Disney will lay off 28,000 workers as the pandemic continues to ravage its theme park business
Disney will lay off 28,000 theme park workers as Disneyland in California remains closed, and other…
David Slotnick
1 min read
A flight attendant was jailed in the UK for dealing drugs after she lost her job due to the coronavirus pandemic
The flight attendant, who was laid off during the coronavirus pandemic, was short on cash when a ro…
David Slotnick
2 mins read
United Airlines avoids furloughing 3,900 pilots, but 12,000 others will lose their jobs unless Congress extends the CARES Act
A new deal will have pilots accept reduced duty hours — and, in effect, monthly pay — in order to s…
David Slotnick
2 mins read
A White House report claims that roughly 81% of coronavirus job losses are likely temporary
The report said policy actions from the government "ameliorated a stark economic contraction while …
Carmen Reinicke
2 mins read
Nearly 75% of hotels are expecting even more layoffs before the end of the year
The American Hotel and Lodging Association found most US hotels expect to cut even more jobs this y…
Taylor Borden
2 mins read
Gen Z workers will likely bear the brunt of the coronavirus layoffs
Less than two weeks after the World Health Organization declared the novel coronavirus outbreak a p…
Taylor Nicole Rogers
3 mins read
Delta will avoid involuntary furloughs for most frontline workers when federal aid expires, but pilot layoffs remain likely
Delta managed to avoid furloughing flight attendants and most other front-line workers involuntaril…
David Slotnick
2 mins read
Google-owned mobility startup Waze is reportedly laying off more than 5% of its total workforce as roads empty out during the pandemic
The company will also shutter offices in Asia and Latin America, The Verge reported.