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Layoffs

COVID-19

This week may be "Armageddon" for the airline industry

by Erika Beras
Sep 28, 2020
Carriers are likely to cut more than 35,000 jobs starting Thursday.
Flight attendants and other aviation workers participate in a march near the U.S. Capitol on Sept. 9, calling for extended airline support.
Alex Wong/Getty Images
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COVID & Unemployment

Temporary furloughs are turning into permanent job losses during the pandemic

by David Brancaccio , Rose Conlon , Erika Soderstrom and Alex Schroeder
Sep 1, 2020
It's a hit to morale and skill-building for the workforce.
A front desk worker assists a patron with checking in at the reopening of Bellagio hotel-casino on June 4, 2020, in Las Vegas. MGM Grand Resorts has announced it will lay off 18,000 workers who were previously temporarily furloughed.
Ronda Churchill/AFP via Getty Images
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British Airways layoffs shake confidence in UK job protection program

by Stephen Beard
Aug 25, 2020
The airline’s decision to cut jobs and pay could herald a new era of labor unrest in Britain.
A British Airways plane lands at Heathrow in London. The airline's cost-cutting agenda is stirring resistance.
Dan Kitwood/Getty Images
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COVID-19

Cities that rely heavily on tourism hit hardest by COVID-19 job losses

by Meghan McCarty Carino
Jun 5, 2020
April figures show communities that rely on manufacturing are also hurt by job losses, but they may see improvement more quickly.
Joe Raedle/Getty Images
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China's forced-out workers

by Jennifer Pak
Jun 3, 2020
Chinese workers complain that shortened hours or being told to resign are layoffs by another name.
A masked factory worker works on a machine line.
Barcroft Media via Getty Images
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COVID-19

The construction industry's getting back to work after shedding a million jobs

by Amy Scott
Jun 2, 2020
And more job losses are likely on the way.
A house being built in Phoenix. Residential construction fell 4.5% in May due to the COVID-19 pandemic.
Justin Sullivan/Getty Images
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COVID-19

Millions of Americans are waiting for their jobs to come back. They might not.

by Mitchell Hartman
May 29, 2020
Almost one in four business owners worry their companies won't survive the pandemic, according to a U.S. Chamber of Commerce survey.
A boarded-up restaurant in San Francisco. Many layoffs that were believed to be temporary may become permanent, especially those involving higher-cost workers.
Josh Edelson/AFP via Getty Images
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COVID-19

How many furloughed workers will return to their jobs? Many are optimistic

by Kristin Schwab
May 11, 2020
The longer you're laid off, the more likely it is to become permament.
A temporarily closed restaurant in Chicago. Eateries and tourism may lag some other industries in reopening.
Scott Olson/Getty Images
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COVID-19

Amid historic layoffs, millions of low-wage workers still at risk

by David Brancaccio and Rose Conlon
May 4, 2020
A new report finds the worst of COVID-19 job losses could be yet to come.
Food service workers are among the most vulnerable. But the retail, hospitality and even health care sectors face challenges, too.
Sarah Silbiger/Getty Images
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COVID-19

30 million have sought U.S. unemployment aid since COVID-19 hit

by Associated Press
Apr 30, 2020
It's by far the worst string of layoffs on record.
Economists have forecast that the unemployment rate for April could go as high as 20%.
Cindy Ord/Getty Images
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