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“#Southwest issues layoff warnings to 6,828 employees” Southwest Airlines said on Thursday it had issued notices to 6,828 employees warning them that they could be furloughed, amid a slump in demand for air travel due to the coronavirus crisis. The involuntary furloughs will happen on March 15 or April 1, unless Southwest reaches cost-saving agreements or the government…
“#Disney to lay off 32,000 workers, mostly from theme parks” So much for being the happiest place on earth. The Walt Disney Company will be laying off about 32,000 workers, mostly from its theme parks, as the entertainment giant continues to struggle with a lack of customers amid the COVID-19 pandemic. In September, the company…
“#Delta pilots vote for pay cuts to avoid furloughs through 2022” Delta Air Lines pilots voted in favor of a deal that avoids furloughs through Jan. 1, 2022 in exchange for pay cuts, a union representing the pilots said Wednesday. The 1,713 Delta pilots, who were expected to be furloughed on Nov. 28, will now…
“#’Unfathomable’ MTA budget proposal includes over 9,000 job cuts” Weekday subway service could be nearly chopped in half and over 9,000 transit workers could lose their jobs under an MTA budget proposal being presented to the agency’s board on Wednesday. But the potential cuts could be mitigated if the transit agency receives a hefty $12…
“#Hollywood’s Endeavor eyes more cost-cutting, asset sales amid COVID” Hollywood superagent Ari Emanuel, desperate to survive the pandemic, is quietly hatching plans to trim the fat at Endeavor, his already slimmed down entertainment conglomerate, The Post has learned. Endeavor — which reps superstars like Matt Damon, Oprah Winfrey and Christian Bale through its WME talent…
“#WarnerMedia begins ‘painful’ but ‘critical’ wave of layoffs” HBO owner WarnerMedia has kicked off a significant round of layoffs as the company battles steep financial losses related to the pandemic. WarnerMedia chief executive Jason Kilar emailed staffers Tuesday morning, calling the layoffs “painful” but “critical” to the division’s health. Although he did not say how…
“#ESPN laying off 300 employees in huge pandemic-related cuts” ESPN informed employees early Thursday that it would lay off 300 people across its business, while also not filling 200 currently open positions as the pandemic continues to harshly impact ESPN and its parent company, Disney. The message was sent from ESPN president Jimmy Pitaro in…
“#Philadelphia Inquirer shutters printing plant, cuts 528 jobs” The Philadelphia Inquirer said it will lay off 528 people when it shuts down the printing plant where the paper and the Philadelphia Daily News have been printed since 1992. The grisly headcount, filed with the Pennsylvania Department of Labor in recent days, is slightly higher than…
“#Charles Schwab to cut 1,000 staffers after TD Ameritrade takeover” Charles Schwab and TD Ameritrade’s merger aimed at dominating the discount stock-trading market will come with a cost for some of their staffers. Schwab plans to lay off about 1,000 workers now that it’s acquired its one-time rival in an effort to “reduce overlapping or redundant…
“#B&H accused of discrimination by furloughed workers” Some furloughed employees at B&H Photo Video fear that they recently lost their jobs for good — and claim it’s because they reported unsafe working conditions during the coronavirus outbreak. After complaining about the company’s handling of the pandemic back in March — including packed indoor prayer services…