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You Searched For "pay cut due to coronavirus" and got 20 results


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3 mins read

I moved 1,800 miles and took a 20% pay cut to live near my parents. It's a high-cost area, but they get to see our kids.

Family moved from Texas to Massachusetts, accepting a pay cut and higher living costs, in exchange …

Jane Ridley   


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2 mins read

Apple is cutting in on Microsoft's dance with OpenAI

Apple is reportedly considering investing in OpenAI. That could further tread on the toes of Micros…

Jordan Hart   


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2 mins read

Fisker backtracks on telling owners to pay for repairs of malfunctioning EVs

The failed auto company changed a post on its website this week to say it would cover the cost of r…

Tom Carter   


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2 mins read

Problems keep piling up for budget airlines like Spirit Airlines — so get set to pay more

Spirit Airlines is reportedly considering filing for Chapter 11 bankruptcy as budget carriers seek …

Pete Syme   


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2 mins read

'Big Short' investor Michael Burry bet half of his portfolio on Chinese stocks. It's finally starting to pay off.

Michael Burry's Scion Asset Management had about half of its portfolio invested in Chinese tech gia…

Matthew Fox   


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8 mins read

Some baby boomers are burning through their retirement savings to pay for cancer treatments. Then they have to go back to work.

Some baby boomers who hoped to retire are instead draining their savings and cutting costs on food,…

Juliana Kaplan,Noah Sheidlower   


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3 mins read

Subsidies help a 55-year-old pay $96 a month for health insurance. Her costs could increase 186% if they expire next year.

Lisa Jolly, 55, relies on pandemic-era subsidies to pay for ACA coverage. The subsidies could expir…

John Towfighi   


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2 mins read

Fisker owners who paid up to $70,000 for malfunctioning EVs are told they might have to pay for recall repairs, too

Fisker said that owners would have to pay the repair costs for two outstanding recalls facing its O…

Tom Carter   


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3 mins read

The Fed's long-awaited rate cuts will open up the job market — but it could take a while

The spiking unemployment rate will rise further before improving, but rate cuts will work eventuall…

Jennifer Sor   


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3 mins read

Half of Americans would take a pay cut to work remotely — and many are willing to give up vacation days, survey finds

Many workers would give up higher pay or even vacation days to stay remote. But some remote roles a…

Juliana Kaplan,Noah Sheidlower   


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4 mins read

Airlines got too confident, and now they are paying the price despite record-breaking travel

Airlines added too much capacity amid confidence in soaring demand. Boeing, high costs, and fewer h…

Taylor Rains   


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3 mins read

Americans are still having a lot of stuff delivered from DoorDash and Uber, and it shows how much we'll pay for convenience

DoorDash, Instacart, and Uber all reported that shoppers are still ordering food and other merchand…

Alex Bitter   


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6 mins read

The 'promised land' of stable, high-paying jobs for recent grads is falling apart

Tech, finance, and consulting jobs are in scarcer supply now, upending the job search for young gra…

Shubhangi Goel   


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2 mins read

Cameo was once valued at $1 billion. Now it's so broke it can't pay a $600,000 fine.

In 2021, Cameo reached a $1 billion valuation, but it has since fallen on hard times, according to …

Jacob Shamsian,Jack Newsham   


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4 mins read

A Gen Xer quit a $110,000 salary job in DC for one in Germany that pays less than half. He says he's more financially stable and happier now.

Kobi Smith moved to Germany after a career as an attorney in Washington, DC. He works at Popeyes an…

John Towfighi   


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2 mins read

Read Intuit CEO's message announcing over 1,000 layoffs due to performance — but the company is hiring 1,800 in areas like AI

The CEO wrote in an email that it "significantly raised the bar" on expectations. The company says …

Ana Altchek   


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2 mins read

Netflix ordered to remove sex scene depicting a convicted drug trafficker and pay him $16K for violating his privacy

Laureano Oubiña's lawyer said the streaming giant's show portrayed his client as "violent, sexist, …

Eve Crosbie   


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2 mins read

The US government is paying $2 million of interest a minute as rates stay high

The surge in interest payments has led to some paradoxical thinking on Wall Street about how exactl…

Matthew Fox   


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2 mins read

After IndiGo and GoAir, Spicejet cuts employee pay between 10-30%, which includes its chairman

Airlines are the worst hit as a result of the Coronavirus pandemic as both domestic and internation…

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5 mins read

Interest in government jobs is spiking due to their stability and cushy benefits

Government jobs have been trending on social media as employees seek stability amid mass layoffs an…

Ana Altchek