job losses

Poll: Almost Half Of Those Laid Off Doubt Jobs Will Return
Poll: Almost Half Of Those Laid Off Doubt Jobs Will Return
August 03, 2020  |  Economy

Almost half of furloughed workers in the U.S. don’t believe their jobs are coming back, according to a report from CNBC citing a poll from...

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Burberry To Reduce Workforce By 500 Positions Amid Pandemic
Burberry To Reduce Workforce By 500 Positions Amid Pandemic
July 15, 2020  |  Retail

Following a drop in sales amid the COVID-19 health crisis, Burberry is to reduce its workforce by 500 positions globally with the inclusion of 150 jobs in...

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Atlanta Fed Warns Recovery Could Stall As Outbreaks Surge
Atlanta Fed Warns Recovery Could Stall As Outbreaks Surge
July 07, 2020  |  Economy

The uptick in U.S. coronavirus cases could dampen the recovery of the nation’s economy, according to a Federal Reserve official. Raphael Bostic, the president of...

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Ride-Hailing Firm Grab Reportedly Cuts More Than 300 Jobs 
Ride-Hailing Firm Grab Reportedly Cuts More Than 300 Jobs 
June 16, 2020  |  Ridesharing

Grab, the $14 billion Southeast Asian ride-hailing startup, announced hundreds of job losses on Tuesday (June 16) as the impact of COVID-19 continues to take...

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ADP’s Massive Job Loss Tally Underscores Main Street Lending Urgency
ADP’s Massive Job Loss Tally Underscores Main Street Lending Urgency
May 06, 2020  |  Economy

The pandemic has spared no one on Main Street – the fallout has touched everyone, from the smallest of storefronts to the largest of mid-sized...

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US Jobs Report Shows 11M Jobs Lost At SMBs
US Jobs Report Shows 11M Jobs Lost At SMBs
May 06, 2020  |  Economy

COVID-19 continues to take its toll on the nation’s workforce as the number of private-sector jobs fell by a record 20.2 million from March to...

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Fed’s Bullard Puts Positive Spin On Economy Despite Steep Job Losses
Fed’s Bullard Puts Positive Spin On Economy Despite Steep Job Losses
April 05, 2020  |  Economy

Despite the coronavirus’ rampant shifts to the U.S. economy, St. Louis Federal Reserve President James Bullard says he doesn’t think the situation is a plummeting “free...

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COVID-19 Restrictions Put Half Of US Jobs At Risk
COVID-19 Restrictions Put Half Of US Jobs At Risk
March 17, 2020  |  Coronavirus

As the U.S. hunkers down indoors to control the spread of the coronavirus, people are starting to fret about their jobs, with experts saying some...

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