The transition rate from temporary to permanent layoffs nearly doubled from June to July.
United Airlines' most impacted employees will be those working in inflight services, as 15,000 of those jobs will potentially be furloughed.
At least 250 of the 560 Trump National Doral Miami resort employees who were furloughed in March were permanently laid off in May, the Trump Organization said in a letter to local government officials.
Some business leaders have framed furloughs as a "favor". They're anything but—neither to the employees nor to the business. In fact, companies that retain their employees are likelier to flourish after a slowdown.
CEO Dave Calhoun predicted it will likely take several more years after 2021-2022 before long-term growth trends recover to 2019 rates.
"Hospitals are closing because now that they actually have to take care of sick people and not make money off of all these surgeries and for-profit schemes," Rashida Tlaib said Sunday.
One of Michigan's largest health care systems is finding itself in the financial red as they battle the novel coronavirus, leading to thousands being temporarily laid off from their jobs.
The U.S. Federal Reserve analysts said the unemployment rate may soar past 32 percent and the coronavirus freeze on the economy could cost 47 million Americans their jobs.
New York staffers were informed of the possible coronavirus exposure the day before being laid off by the Bloomberg campaign.
"The bottom line: Republicans sold the tax scam as a way to create jobs and help workers. They lied," Bernie Sanders tweeted
After experiencing a dismal 2017, the retail sector is expected to continue announcing benefits from GOP tax reform.
The telecommunications giant said it was making "workforce adjustments."
Caterpillar Inc., United Technologies Corp., Dana Inc., 3M Co., Timken Co. and General Electric Co., are offshoring work to Mexico, China, India and other countries.
The network equipment maker will lay off 14,000 employees, nearly 20 percent of its global workforce, technology news site CRN reported.
GoPro dropped 25 percent in a matter of hours.
The cuts include David Fricke, a longtime Rolling Stone music critic.