Layoffs

July 07, 2020 - 4:43 pm
NEW YORK (AP) — Levi's said Tuesday that it will cut 700 office jobs, or about 15% of its worldwide corporate workforce, as it deals with a sharp drop in sales due to the coronavirus pandemic. The San Francisco-based jeans maker said the layoffs will save it about $100 million a year and won't...
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Emiratis wearing face masks due to the coronavirus pandemic work on the floor of the Dubai Financial Market in Dubai, United Arab Emirates, Tuesday, July 7, 2020. Dubai reopened its Dubai Financial Market stock exchange Tuesday after closing its floor due to the coronavirus pandemic. (AP Photo/Jon Gambrell)
July 07, 2020 - 12:07 pm
The outbreak of the coronavirus has dealt a shock to the global economy with unprecedented speed. Following are developments Tuesday related to the national and global response, the work place and the spread of the virus. ________________________ FOOD & SHOPPING: — Overall retail sales are...
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Milwaukee Brewers during a practice session Saturday, July 4, 2020, at Miller Park in Milwaukee. (AP Photo/Morry Gash)
July 06, 2020 - 2:19 pm
The Latest on the effects of the coronavirus outbreak on sports around the world: ___ England rugby will lay off 139 positions because it expects to lose 107 million pounds ($134 million) in revenue in the short term. The Rugby Football Union will begin consulting with staff before announcing the...
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Air France workers gather during a protest in front of the company headquarters in Tremblay-en-France, outside Paris Friday, July 3, 2020. Air France is meeting with personnel representatives Friday to discuss thousands of job cuts after the virus pandemic grounded most flights and darkened prospects for future air travel. (AP Photo/Christophe Ena)
July 03, 2020 - 2:30 pm
PARIS (AP) — Air France and regional subsidiary Hop announced 7,500 job cuts Friday after the virus pandemic grounded most flights and darkened prospects for future air travel. Activists from multiple unions protested at Air France headquarters at Paris’ Charles de Gaulle Airport as talks began...
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Wearing masks amid concerns of the spread of COVID-19, volunteers Karen Cooperstein, right, and Edwin Chinchilla, left, prepare food for the pubic during a drive through food pantry distribution by Catholic Charities in Dallas, Thursday, July 2, 2020. (AP Photo/LM Otero)
July 02, 2020 - 4:27 pm
WASHINGTON (AP) — U.S. unemployment fell to 11.1% in June as the economy added a solid 4.8 million jobs, the government reported Thursday. But the job-market recovery may already be faltering because of a new round of closings and layoffs triggered by a resurgence of the coronavirus. While the...
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FILE - In this file photo dated Tuesday, June 2, 2020, a few people relax in the sun backdropped by Tower Bridge spanning the River Thames in London. Some companies linked to hospitality and travel in Britain Wednesday July 1, 2020, have announced thousands of more job cuts as the longer term consequences of the COVID-19 pandemic take hold, choosing to slim down now for survival rather than await future potential government handouts.(AP Photo/Matt Dunham, FILE)
July 01, 2020 - 11:10 am
LONDON (AP) — Companies linked to hospitality and travel in Britain have announced thousands of more job cuts as the longer term consequences of the COVID-19 pandemic take hold, choosing to slim down for survival rather than await potential government handouts. The owner of sandwich and coffee shop...
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A man walks past a retail store that is going out of business due to the coronavirus pandemic in Winnetka, Ill., Tuesday, June 23, 2020. Illinois Gov. J.B Pritzker announced a package of state grant programs that will help support communities and businesses impacted by the COVID-19 pandemic and unrest in the area. (AP Photo/Nam Y. Huh)
June 25, 2020 - 8:39 am
WASHINGTON (AP) — The number of laid-off workers who applied for unemployment benefits declined slightly to 1.48 million last week, the 12th straight drop and a sign that layoffs are slowing but are still at a painfully high level. The steady decline in claims suggests that the job market has begun...
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Qantas Chief Executive Alan Joyce speaks during a press conference in Sydney, Thursday, June 25, 2020. Qantas, Australia's largest airline, says it plans to cut at least 6,000 jobs and keep 15,000 more workers on extended furloughs as it tries to survive the coronavirus pandemic. Joyce announced a plan to reduce costs by billions of dollars and raise fresh capital. The plan includes grounding 100 planes for a year or more and immediately retiring its six remaining Boeing 747 planes. (Bianca De Marchi/AAP Image via AP)
June 24, 2020 - 11:05 pm
WELLINGTON, New Zealand (AP) — Qantas plans to cut at least 6,000 jobs and keep 15,000 more workers on extended furloughs as Australia's largest airline tries to survive the coronavirus pandemic. Qantas announced a plan Thursday to reduce costs by billions of dollars and raise fresh capital. The...
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FILE - In this June 23, 2020, file photo orange barriers enclose chairs and tables that will be used for dining along Sixth Street between Liberty and Penn avenues in downtown Pittsburgh. A report by Moody’s Analytics, a private sector economic research firm, released Wednesday, June 24, is warning anew of continuing damage to the economy if Washington doesn’t deliver several hundred billion dollars in budget relief to states and local governments amid the coronavirus pandemic. (AP Photo/Gene J. Puskar, File)
June 24, 2020 - 3:56 pm
WASHINGTON (AP) — A new private sector report is warning anew of continuing damage to the economy if Washington doesn’t deliver several hundred billion dollars in budget relief to states and local governments amid the coronavirus pandemic. But Wednesday’s report by Moody’s Analytics, a private...
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In this April 15, 2020 photo, a lone pedestrian makes their way through the Ithaca Commons in Ithaca, N.Y. Most of the almost 24,000 students at Cornell University and 6,200 more from Ithaca College effectively vanished in March when the pandemic struck, leaving behind struggling restaurants and shops. Locals still reeling from the outbreak and resulting exodus are wondering when - or if - things will get back to normal. (John Munson/Cornell University via AP)
June 21, 2020 - 9:27 am
What happens to a college town when the students disappear? Ithaca, a small upstate New York city nearby gorges and vineyards, is finding out. Most of the 24,000 students at Cornell University and 6,200 more from Ithaca College effectively vanished in March when the coronavirus pandemic struck,...
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