Latest Layoffs News

John Price and Bijan Black have lunch with their son Parker Price, 2, all of Seat Pleasant, Md., at the Wharf area in Washington, Friday, May 29, 2020. This was their first time venturing out since the coronavirus pandemic started. (AP Photo/Susan Walsh)

Trump takes aim at WHO as US economic outlook worsens

May. 29, 2020 8:52 PM EDT

WASHINGTON (AP) — With new U.S. economic numbers highlighting the rough road ahead for a hoped-for rebound, President Donald Trump on Friday took aim at the World Health Organization and China, blaming both for their roles in the pandemic's devastation. Trump announced that the United States will end its...

FILE - In this Tuesday, April 28, 2020, file photo, a darkened Chase Field, home of the Arizona Diamondbacks of baseball's National League, sits empty. Major League Baseball owners gave the go-ahead Monday, May 11, 2020, to making a proposal to the players' union that could lead to the coronavirus-delayed season starting around the Fourth of July weekend in ballparks without fans, a plan that envisions expanding the designated hitter to the National League for 2020. (AP Photo/Ross D. Franklin, File)

D-backs cut about quarter of staff with layoffs, furloughs

May. 29, 2020 7:30 PM EDT

The Arizona Diamondbacks have laid off or furloughed about one-quarter of the team’s employees because of lost revenue due to the coronavirus pandemic. The organization made the moves on Friday. Remaining staff will take pay cuts that average less than 15%, with the team's highest earners losing a bigger...

FILE - In this April 8, 2020, file photo, an empty Parkview Field minor league baseball stadium is viewed in downtown Fort Wayne, Ind. Minor league umpires are out of jobs so far and maybe all year with no minor league seasons due to the coronavirus pandemic. (Mike Moore/The Journal-Gazette via AP, File)

The Latest: West Indies cricket cutting pay by 50%

May. 29, 2020 7:06 PM EDT

The Latest on the effects of the coronavirus outbreak on sports around the world: ___ Cricket West Indies has announced a temporary 50% reduction in salaries and funding across the region from July 1. CWI has kept players, staff, umpires and coaches on full pay since the outbreak began, but the lack of any...

Northern Arizona U president sees some cuts amid budget woes

May. 29, 2020 5:04 PM EDT

FLAGSTAFF, Ariz. (AP) — Fewer than 100 positions at Northern Arizona University would be laid off in response to budget concerns and there would be no reductions in tenured or tenure-track faculty, the university president said. President Rita Cheng released a statement responding to a protest earlier in...

A woman walks into a closing Gordmans store, Thursday, May 28, 2020, in St. Charles, Mo. Stage Stores, which owns Gordmans, is closing all its stores and has filed for Chapter 11 bankruptcy. (AP Photo/Jeff Roberson)

US consumer spending sinks by record 13.6% in face of virus

May. 29, 2020 11:29 AM EDT

WASHINGTON (AP) — U.S. consumer spending plunged by a record-shattering 13.6% in April as the viral pandemic shuttered businesses, forced millions of layoffs and sent the economy into a deep recession. Last month's spending decline was far worse than the revised 6.9% drop in March, which itself had set a...

Restaurant worker Madelyn Figgers stands in front of her porch Wednesday, May 27, 2020, in Richmond, Va. Figgers lost her job doing the coronavirus shutdown and is hoping to go to work when the city starts reopening next week. (AP Photo/Steve Helber)

Debate over $600 in jobless aid to intensify as claims rise

May. 29, 2020 10:36 AM EDT

WASHINGTON (AP) — A debate in Congress over whether to extend $600 a week in federally provided benefits to the unemployed looks sure to intensify with the number of people receiving the aid now topping 30 million — one in five workers. The money, included in a government relief package enacted in...

US consumer spending plunged by a record 13.6% in April as job cuts from virus paralyzed economy

May. 29, 2020 8:33 AM EDT
WASHINGTON (AP) — US consumer spending plunged by a record 13.6% in April as job cuts from virus paralyzed economy.
Protesting Renault workers stand outside their plant Friday, May 29, 2020 in Choisy-le-Roi, outside Paris. Struggling French carmaker Renault announced 15,000 job cuts worldwide as part of a 2 billion euros cost-cutting plan over three years. The cost-cutting plan comes as Renault came into the virus crisis in particularly bad shape. Its alliance with Nissan and Mitsubishi is a major global auto player but has struggled since the 2018 arrest of its longtime star CEO Carlos Ghosn. (AP Photo/Christophe Ena)

French carmaker Renault to cut 15,000 jobs worldwide

May. 29, 2020 7:09 AM EDT

PARIS (AP) — French carmaker Renault said Friday it will cut 15,000 jobs worldwide as part of a 2 billion-euro ($2.2 billion) cost-cutting plan, as a brutal drop in industry sales during the pandemic worsened the company's pre-existing problems. Renault, which employs 180,000 and is already negotiating a...

In this May 21, 2020, photo, grave diggers bury a body at Radwan Cemetery in Aden, Yemen. At a cemetery in Yemen’s largest southern city, dozens of fresh graves are a testament to a spike in deaths amid the coronavirus pandemic. The cemetery workers who bury them don’t know what killed the newly deceased. But there’s no denying that there's been an increasing number of people getting sick in the port city of Aden — likely from the coronavirus. (AP Photo)

The Latest: UN urges $2.4 billion in aid for war-torn Yemen

May. 29, 2020 1:31 AM EDT

The Latest on the coronavirus pandemic. The new coronavirus causes mild or moderate symptoms for most people. For some, especially older adults and people with existing health problems, it can cause more severe illness or death. TOP OF THE HOUR: — UN urgently appeals for $2.4 billion to help Yemen cope...

A woman walks past a boarded up business, Thursday, May 28, 2020, in East Cleveland, Ohio. The state says about 1.3 million Ohioans have filed unemployment claims in the past 10 weeks as Ohio's stay-at-home order depressed the economy and led to widespread layoffs. The Ohio Department of Job and Family Services says about 42,000 people filed claims for the week ending May 23. (AP Photo/Tony Dejak)

Rising US job losses stir fears of lasting economic damage

May. 28, 2020 10:08 PM EDT

WASHINGTON (AP) — The coronavirus crisis threw at least 2.1 million Americans out of work last week despite the gradual reopening of businesses around the country, stoking fears Thursday that the scourge is doing deep and potentially long-lasting damage to the U.S. economy. Despite a few glimmers of hope,...