layoffs
The jobless rate will soar for months, as millions of workers in deeply wounded industries and in companies trying to preserve cash are pushed off the payroll.
1 day ago
Walt Disney is joining the growing list of U.S. companies that are furloughing employees in response to the global coronavirus outbreak.
2 days ago
The peak unemployment level of the Great Depression was nearly 25% in 1933. Such a jobless rate may be closer than people think.
2 days ago
Boeing has announced a voluntary layoff for eligible employees but the company did not provide specific details which it said would be coming in three to four weeks.
3 days ago
U.S. companies announced more than 222,000 job cuts in March, a year-over-year increase of nearly 300%. The vast majority of the job losses were attributed to the outbreak of COVID-19.
3 days ago
Companies around the world are finding more ways to cuts costs and deal with the coronavirus, and Caterpillar is no different.
4 days ago
Total nonfarm private sector payrolls were down only 27,000 in ADP's report for March, but that did not include all the data.
4 days ago
Last Updated: 4 days ago
A recent survey by Challenger, Gray & Christmas indicates that nearly all U.S. companies have either already instituted or are considering instituting work-from-home policies during the coronavirus...
6 days ago
In an effort to prioritize cash and liquidity, U.S. Steel wants to remain well prepared for when the global economy ultimately recovers.
9 days ago
GE on Monday announced several actions, including workforce reductions and layoffs, intended to save $500 million to $1 billion in 2020.
13 days ago
The American Hotel and Lodging Association has released its view on COVID-19's impact on the hotel industry, and the projected losses are nothing short of staggering.
13 days ago
Virtually every job in the U.S. leisure and hospitality industry is at risk of being lost at least temporarily as more states order people to stay home.
16 days ago
Early indications are that the Bureau of Labor Statistics unemployment report could show 2 million jobs lost last month.
16 days ago
One thing that most of America has not come to grasp fully is that the jobs market in America is crumbling, as waves of layoffs have started.
17 days ago
Last Updated: 17 days ago
State and local government mandates against gatherings are putting more than 7 million jobs in a dozen states and the District of Columbia.
18 days ago
Last Updated: 13 days ago