Layoffs

Commuters at Waterloo Station, in London, Thursday, Sept. 24, 2020, after Britain's Prime Minister Boris Johnson announced a range of new restrictions to combat the rise in coronavirus cases in England. (Victoria Jones/PA via AP)
September 24, 2020 - 1:01 pm
LONDON (AP) — Britain’s treasury chief announced a new income support program Thursday for workers hurt by the coronavirus pandemic, as the government races to prevent widespread layoffs when earlier employer subsidies end next month. Chancellor Rishi Sunak, in a speech to lawmakers, unveiled his...
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Federal Reserve Chair Jerome Powell testifies during a House Select Subcommittee on the Coronavirus Crisis hearing on Capitol Hill in Washington on Wednesday, Sept. 23, 2020. (Kevin Dietsch/Pool via AP)
September 23, 2020 - 12:55 pm
WASHINGTON (AP) — Chairman Jerome Powell on Wednesday defended the Federal Reserve's efforts to support the economy during the pandemic-induced recession from assertions that its programs bungled aspects of its response. A House subcommittee released a staff analysis that found that a program in...
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A briefcase of a census taker is seen as she knocks on the door of a residence Tuesday, Aug. 11, 2020, in Winter Park, Fla. A half-million census takers head out en mass this week to knock on the doors of households that haven't yet responded to the 2020 census. (AP Photo/John Raoux)
September 18, 2020 - 11:16 pm
ORLANDO, Fla. (AP) — Two weeks after a federal judge prohibited the U.S. Census Bureau from winding down the 2020 census, a manager in Illinois instructed employees to get started with layoffs, according to an audio of the conversation obtained by The Associated Press. During a conference call...
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FILE - In this Wednesday, Sept. 2, 2020, file photo help wanted signs for servers and cooks at Nemacolin Woodlands Resort and Spa are displayed along route 40 at the entrance to the resort in Farmington, Pa. U.S. employers advertised more jobs but hired fewer workers in July, sending mixed signals about a job market in the wake of the coronavirus outbreak. The Labor Department said Wednesday, Sept. 9, 2020, that the number of U.S. job postings on the last day of July rose to 6.6 million from 6 million at the end of June. (AP Photo/Gene J. Puskar, File)
September 10, 2020 - 9:58 am
WASHINGTON (AP) — The number of Americans applying for unemployment benefits was unchanged last week at 884,000, a sign that layoffs remain stuck at a historically high level six months after the viral pandemic flattened the economy. The latest figures released by the Labor Department Thursday...
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FILE - In this July 15, 2020, file photo, one-stop operator Vickie Gregorio with the Heartland Workforce Solutions talks to a jobseeker outside the workforce office in Omaha, Neb., as others seeking employment wait behind her. The government issues the jobs report Friday, Sept. 4, for August at a time of continuing layoffs and high unemployment. (AP Photo/Nati Harnik, File)
September 04, 2020 - 2:06 pm
WASHINGTON (AP) — U.S. unemployment dropped sharply in August from 10.2% to a still-high 8.4%, with about half the 22 million jobs lost to the coronavirus outbreak recovered so far, the government said Friday in one of the last major economic reports before Election Day. Employers added 1.4 million...
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FILE - In this Sept. 2, 2020, file photo, a customer walks past a now hiring sign at an eatery in Richardson, Texas. The Labor Department reported unemployment numbers Thursday, Sept. 3. (AP Photo/LM Otero, File)
September 03, 2020 - 9:09 am
WASHINGTON (AP) — The number of laid-off Americans applying for unemployment benefits fell to roughly 880,000 last week, a sign of possible improvement but evidence that the viral pandemic keeps forcing many businesses to slash jobs. The latest figures, released Thursday by the Labor Department,...
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FILE - In this July 18, 2018, file photo a United Airlines commercial jet sits at a gate at Terminal C of Newark Liberty International Airport in Newark, N.J. United Airlines plans to furlough about 16,000 employees in October 2020 as air travel continues to be hammered by the pandemic. That's fewer furloughs than United predicted in July, when it warned 36,000 employees that they could lose their jobs. (AP Photo/Julio Cortez, File)
September 02, 2020 - 6:46 pm
United Airlines said Wednesday it plans to furlough 16,370 employees in October, a smaller number than the airline predicted in July because thousands of workers agreed to leave with the travel industry facing a slow recovery from the pandemic. Airline officials had outlined 36,000 potential...
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FILE - In this Aug. 3, 2015, file photo, a man rides his bike past the MGM Grand hotel and casino in Las Vegas. MGM Resorts plans to lay off 18,000 workers as the casino company struggles with the fallout from the pandemic. The Las Vegas-based parent of the Bellagio said in a letter to employees that furloughed employees will keep health benefits until Sept. 30, 2020 according to a report in The Wall Street Journal. (AP Photo/John Locher, File)
August 28, 2020 - 2:20 pm
MGM Resorts is laying off 18,000 people as an unchecked pandemic leaves economic scars across a broad swath of U.S. industries, particularly those that rely on healthy crowds of people. The layoffs at MGM, which amount to about a quarter of its U.S staff of about 70,000, caps a wave of job cuts and...
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August 25, 2020 - 3:29 am
BERLIN (AP) — Swiss bank Credit Suisse said Tuesday that it plans to close 37 branches in its home country as part of an effort to streamline its business, and said that some job cuts are inevitable. Credit Suisse said it expects to implement the changes by the end of this year, reducing the number...
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A tyre is used to mark the entrance to Firestone's garage in the town of Harbel, Liberia Saturday, July 18, 2020. The rubber industry in Liberia has gotten so bad that some farmers are cutting down their rubber trees with hopes of producing palm oil instead and Firestone recently announced plans to lay off 374 people with the company citing the impact of the global COVID-19 economic crisis among other factors. (AP Photo/Jonathan Paye-Layleh)
August 22, 2020 - 7:52 am
GBARNGA, Liberia (AP) — Christopher Reeves has farmed rubber for more than three decades in Liberia, selling his crop to the international tire-maker Firestone, which also operates the world’s largest rubber plantation here. Now Reeves, 61, and thousands of others working in Liberia's once-thriving...
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