layoffs

The number of Americans seeking unemployment benefits dipped last week to a still-high 840,000, evidence that layoffs remain elevated seven months into the pandemic recession

Tens of thousands of airline employees will soon lose their jobs after the White House and Congress failed to agree on a relief package that would have sent more money to the industry. Airline CEOs went to the White House just over two weeks ago to ask for help.

A U.S. Census Bureau manager in Illinois instructed employees to start layoffs two weeks after a federal judge prohibited the agency from winding down the 2020 census

The University System of Maryland’s chancellor announced he’s taking a 10% pay cut and warned that employees could face pay reductions or layoffs as the system struggles to close a budget shortfall caused by the coronavirus pandemic

Ford Motor reportedly plans to cut about 1,000 salaried jobs in North America as it tries to execute an $11 billion restructuring plan that has failed to meet Wall Street’s expectations. The planned reduction, reported by Bloomberg, comes as the company is expected to report its first annual operating loss in a decade. It also follows thousands of previous job cuts under...

School bus drivers and cafeteria workers in Frederick County, Maryland, face a looming deadline for layoffs. News4’s Aimee Cho spoke with officials about the tough decision as classes move online.

Nearly 600 school bus drivers and food service workers in Frederick County, Maryland, will temporarily be laid off as students learn online during the coronavirus pandemic.  Frederick County Public Schools announced Thursday that they will begin a temporary “reduction in force.” Board of Education President Brad Young said that with school online until at least January, the district didn’t...

A resurgence of confirmed COVID cases across the South and West — and the suspension or reversal of re-openings of bars, hotels, restaurants and other businesses — is endangering hopes for an economic rebound in the region and perhaps nationally

Even as the U.S. economy begins to flicker back to life, even as job cuts slow and some laid-off people are called back to work, the scope of the devastation left by the viral pandemic has grown distressingly clear to millions who’d hoped for a quick return to their jobs: They may not be going back anytime soon

Signs of renewed activity are surfacing across the country as states gradually reopen economies and some businesses call a portion of their laid-off staffers back to work

Uber is cutting 3,000 more jobs less than two weeks after an initial round of layoffs, CNBC confirmed. In an email to employees Monday, CEO Dara Khosrowshahi said Uber would also be shutting or consolidating 45 offices around the world and it is considering cuts to other businesses, like freight. Uber shares were up about 9% on the news, which was…

Consumer spending tumbled a record 16.4% in April as the backbone of the U.S. economy retrenched amid the coronavirus pandemic, according to a government report Friday.

For the more than 33.5 million Americans who’ve filed for unemployment since mid-March, the stress of living during the pandemic includes dealing with theadditional stress of job loss. Even in the most normal of circumstances, “involuntary job loss is one of the most stressful events on the scale of stressful life events,” says Monique Valcour, an executive coach, keynote speaker and management professor. With millions...

Call it realism or pessimism, but more U.S. employers seem to be recognizing a growing possibility: That many, if not most, of the employees they’ve had to lay off in the face of the coronavirus pandemic may not be returning to their old jobs anytime soon

Ride-hailing pioneer Uber plans to lay off 3,700 employees, according to a report from CNBC citing a Securities and Exchange Commission filing Wednesday.

Airbnb plans to lay off nearly 1,900 employees, or about 25% of the company, a person familiar with the plans confirmed to CNBC.

The National Rifle Association has been cutting staff and salaries amid the coronavirus pandemic

If you’ve recently been laid off from your job or are worried you could be, you may be wondering if you’re entitled to a severance package, what it covers and if you’ll be able to negotiate certain elements of it. Getting clarity around what will happen to your pay, insurance coverage and other benefits can help you bridge the gap...

Tens of thousands of U.S. medical workers are suddenly out of work as casualties of measures to prioritize coronavirus patients at hospitals and of the economic troubles the crisis is creating.

The biggest U.S. mall owner, Simon Property Group, has furloughed about 30% of its workforce, CNBC has learned, as the company copes with all of its properties being temporarily shut because of the coronavirus pandemic. The furloughs impact full- and part-time workers, at its Indianapolis headquarters and at its malls and outlet centers across the U.S., a person familiar with the situation...