Latest Layoffs News

FILE - In this Thursday, March 19, 2020, file photo, a public school employee sanitizes a sink in a bathroom at a U.S. high school. Jobs with state and city governments are usually a source of stability in the U.S. economy, but the financial devastation wrought by the coronavirus pandemic has forced cuts that will reduce public services, from schools to trash pickup. (AP Photo/Charlie Neibergall, File)

Government job losses are piling up, and it could get worse

Jun. 6, 2020 11:20 AM EDT

Jobs with state and city governments are usually a source of stability in the U.S. economy, but the financial devastation wrought by the coronavirus pandemic has forced cuts that will reduce public services — from schools to trash pickup. Even as the U.S. added some jobs in May, the number of people...

The Latest: China orders pangolin protection amid pandemic

Jun. 5, 2020 11:11 PM EDT

BEIJING — China is ordering its highest level of protection for the armadillo-like pangolin as part of its crackdown on the wildlife trade following the global coronavirus pandemic. While the virus is believed to have originated in the central Chinese city of Wuhan, most scientists say it was most likely...

A Bombardier plant is seen in Montreal on Friday, June 5, 2020. Bombardier Aviation is reducing its workforce by about 2,500 employees due to challenges caused by COVID-19. The company said Friday that it had to make the move because business jet deliveries, industry-wide, are forecast to be down approximately 30% year-over-year due to the pandemic. (Paul Chiasson/The Canadian Press via AP)

Nations try to get back on their feet but job cuts continue

Jun. 5, 2020 7:43 PM EDT

The outbreak of the coronavirus has dealt a shock to the global economy with unprecedented speed. Following are developments Friday related to the national and global response, the work place and the spread of the virus. ________________________ JOB CONCERNS: — Mall operator CBL & Associates warned...

The Athletic lays off 8% of its staff due to pandemic

Jun. 5, 2020 5:48 PM EDT

The Athletic has laid off 46 staff members and implemented pay cuts across the organization due to cost cuts resulting from the coronavirus pandemic. The 5-year-old subscription-based online sports site says in a statement that the layoffs represent 8% of its staff. Most of the layoffs involved college and...

Stylist Kayla Addink arranges items in her workspace Thursday, June 4, 2020, as she prepares for her first day back on the job at the West View Barber Shop when most of southwest Pennsylvania loosens COVID-19 restrictions on Friday in West View, Pa. (AP Photo/Keith Srakocic)

US unemployment drops unexpectedly to 13.3% amid outbreak

Jun. 5, 2020 4:45 PM EDT

WASHINGTON (AP) — U.S. unemployment dropped unexpectedly in May to 13.3% as reopened businesses began recalling millions of workers faster than economists had predicted, triggering a big rally Friday on Wall Street and giving President Donald Trump something to boast about in his reelection bid. The...

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AP Explains: Key takeaways from a surprising jobs report

Jun. 5, 2020 4:26 PM EDT

BALTIMORE (AP) — No one saw it coming — 2.5 million job gains in May and a lower unemployment rate. Economists, political aides and business leaders had been bracing for another horrific month of job cuts and swelling unemployment. In April, the coronavirus shutdown had caused 20 million-plus job...

In this photo taken Thursday, June 4, 2020, Margaret Awino, 54, who lost her job after 15 years as a cleaner for a charity, prepares raw chicken that she bought to fry in the street to earn some income, in the Kibera slum, or informal settlement, of Nairobi, Kenya. Factories and stores are reopening and economies are reawakening but many jobs just aren't coming back - that's the harsh truth facing workers laid off because of the coronavirus around the U.S. and the world. (AP Photo/Khalil Senosi)

Despite global reopening push, some jobs are gone for good

Jun. 5, 2020 9:57 AM EDT

BANGKOK (AP) — Factories and stores are reopening, economies are reawakening – but many jobs just aren’t coming back. That’s the harsh truth facing workers laid off around the world, from restaurants in Thailand to car factories in France, whose livelihoods fell victim to a...

A woman walks past a boutique with a sale sign, Thursday, June 4, 2020, in Cleveland Heights, Ohio. The state says more than 34,000 Ohioans filed unemployment claims during the last week of May. That is the lowest figure since Ohio's stay-at-home orders depressed the economy and led to widespread layoffs. (AP Photo/Tony Dejak)

Unemployment rate falls to 13.3%, US adds 2.5 million jobs

Jun. 5, 2020 8:43 AM EDT

WASHINGTON (AP) — The U.S. unemployment rate fell to 13.3% in May from 14.7%, and 2.5 million jobs were added — a surprisingly positive reading in the midst of a recession that has paralyzed the economy in the wake of the viral pandemic. The May job gain suggests that businesses have quickly been...

Signs recommending people wear face coverings to help stop the spread of coronavirus are displayed in Waterloo station, London, Thursday, June 4, 2020. Waterloo station, which is wide recognised as the busiest train station in Britain, is still much quieter than normal as most commuters are working from home and not commuting into central London offices. (AP Photo/Matt Dunham)

Soccer club Tottenham among firms to tap virus loan scheme

Jun. 4, 2020 12:13 PM EDT

LONDON (AP) — British Airways, Marks & Spencer and even Premier League soccer club Tottenham Hotspur are among 53 big companies to take advantage of a special coronavirus loan scheme from the Bank of England to tide them over during the pandemic. The central bank revealed Thursday for the first time...

In this Wednesday, June 3, 2020 photo, Juan Santos stocks shelves at the Presidente Supermarket in the Little Havana neighborhood of Miami.  The U.S. government is set to issue its latest report on the layoffs that have left millions unemployed but have steadily slowed as many businesses have begun to reopen and to rehire some laid-off workers.  (AP Photo/Wilfredo Lee)

1.9 million seek jobless aid even as reopenings slow layoffs

Jun. 4, 2020 10:32 AM EDT

WASHINGTON (AP) — Nearly 1.9 million people applied for U.S. unemployment benefits last week, evidence that many employers are still cutting jobs even as the gradual reopening of businesses has slowed the pace of layoffs. The total number of people who are receiving jobless aid rose slightly to 21.5...