Latest Layoffs News

Delta won't furlough pilots; job cuts possible at Southwest

Nov. 25, 2020 3:39 PM EST

DALLAS (AP) — Delta Air Lines on Wednesday dropped a threat to furlough more than 1,700 pilots after they ratified a cost-cutting agreement that the airline said was needed to help it cope with a downturn caused by the pandemic. The airline had planned to furlough about 13% of its 12,900 pilots on Saturday...

Restart of Massachusetts jury trials postponed again

Nov. 20, 2020 5:18 PM EST

BOSTON (AP) — With the coronavirus infection rate rapidly climbing in Massachusetts, the state court system on Friday announced a further postponement of the resumption of jury trials. Trials were scheduled to resume on a limited basis on Nov. 30, but that has now been pushed back until Jan. 11, the...

A real estate brokerage sign stands in front of a house, Tuesday, Oct. 6, 2020, in Norwood, Mass.  On Thursday, Nov. 19, U.S. long-term mortgage rates fell this week, reaching record lows for the 13th time this year amid fresh signs of weakness in the pandemic-ravaged economy.  (AP Photo/Steven Senne)

US mortgage rates fall to new lows; 30-year loan at 2.72%

Nov. 19, 2020 12:13 PM EST

WASHINGTON (AP) — U.S. long-term mortgage rates fell this week, reaching record lows for the 13th time this year amid fresh signs of weakness in the pandemic-ravaged economy. Mortgage buyer Freddie Mac reported Thursday that the average rate on the 30-year benchmark loan declined to 2.72% from 2.84% last...

FILE - This May 7, 2020, file photo shows a man wearing a mask while walking under a Now Hiring sign at a CVS Pharmacy during the coronavirus outbreak in San Francisco.  On Thursday, Nov. 12, the number of people seeking unemployment benefits fell last week to 709,000, the fourth straight drop and a sign that the job market is slowly healing. The figures coincide with a sharp resurgence in confirmed viral infections to an all-time high above 120,000 a day.  (AP Photo/Jeff Chiu, File)

US jobless claims rise to 742,000; millions to lose aid

Nov. 19, 2020 9:48 AM EST

WASHINGTON (AP) — The number of Americans seeking unemployment aid rose last week to 742,000, the first increase in five weeks and a sign that the resurgent viral outbreak is likely slowing the economy and forcing more companies to cut jobs. The worsening pandemic and the arrival of cold weather could...

World Series champion Dodgers issue layoffs

Nov. 18, 2020 10:57 PM EST

LOS ANGELES (AP) — The World Series champion Los Angeles Dodgers issued layoffs in the organization Wednesday as a result of revenue losses sustained during the coronavirus pandemic. “Since March, we have worked hard to minimize the impact on our employees," the team said in a statement. “The...

Aircraft painting company in New Iberia lays off 48 workers

Nov. 18, 2020 2:23 PM EST

NEW IBERIA, La. (AP) — An aircraft painting company based in New Iberia has laid off 48 workers amid the COVID-19 pandemic. The layoffs at Aviation Exteriors Louisiana went into effect on Nov. 6, according to the Louisiana Workforce Commission, The Daily Advertiser reports. The company’s president,...

Stipends restored for nursing home staff, death toll at 500

Nov. 16, 2020 5:55 PM EST

CONCORD, N.H. (AP) — Coronavirus developments in New Hampshire: ___ NURSING HOME STIPENDS Nursing home workers will again get a boost in pay as New Hampshire tries to maintain staffing levels at facilities that have been hard hit by the coronavirus. Frontline health care workers at Medicaid facilities...

FILE - In this March 15, 2020, file photo, a Red Robin restaurant in Tigard, Ore., has closed some tables in order to maintain social distancing between diners per CDC guidelines. Oregon Gov. Kate Brown on Friday, Nov. 13, 2020, announced a statewide two-week

Oregon businesses worry about lack of economic backstop

Nov. 16, 2020 5:43 PM EST

SALEM, Ore. (AP) — In March life in Oregon, and across the country, came to a screeching halt. Restaurants only served meals in to-go bags. Long-term care facilities locked their doors in an effort to save their tenants. Playgrounds were childless and classrooms were operated through computer screens....

FILE  - In this Sept. 28, 2020, file photo, Tampa Bay Lightning's Nikita Kucherov (86) hoists the Stanley Cup after defeating the Dallas Stars in the NHL Stanley Cup hockey finals, in Edmonton, Alberta. This has been a year for Tampa Bay sports like no other, though the area's three successful professional teams haven't had a chance to truly capitalize on the boom and connect with re-energized fan bases. It has been — and continues to be —- a missed opportunity because of the coronavirus pandemic. (Jason Franson/The Canadian Press via AP, File)

Hockey champions laying off 30 workers because of virus

Nov. 16, 2020 5:13 PM EST

Just months after winning the Stanley Cup, officials with the Tampa Bay Lightning said Monday that they are eliminating 30 positions in a sign that even winning a championship does not spare a team from the effects of the coronavirus. The positions were across the company and effective immediately, team officials...

This Oct. 1, 2020, photo shows the exterior of the Borgata casino in Atlantic City, N.J. On Nov. 13, 2020, the Borgata laid off or reduced the hours of 422 workers in response to new restrictions on indoor dining imposed by New Jersey Gov. Phil Murphy. (AP Photo/Wayne Parry)

Citing gov's virus restrictions, Borgata cutting jobs, hours

Nov. 13, 2020 1:58 PM EST

ATLANTIC CITY, N.J. (AP) — Atlantic City's top casino is laying off or cutting the hours of 422 workers in what it says is a direct reaction to strict new indoor dining limits imposed by Gov. Phil Murphy. The Borgata sent a letter to workers Friday afternoon outlining the cuts. Casino president Melonie...