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Amid Coronavirus Closures, Macy’s Furloughs Majority of Its 130,000 Workers

The company is transitioning to an 'absolute minimum workforce' (NEW YORK) — Macy’s says it will stop paying tens of thousands of employees who were thrown out of work when the chain.....»»

Category: topSource: timeMar 30th, 2020

Macy"s, Kohl"s, Gap to furlough thousands of workers as pandemic worsens

Retail giants Macy's, Kohl's and Gap have announced widespread furloughs amid soaring reports of coronavirus cases in the U.S. The pandemic has sent the economy into free fall, with massive layoffs and small business .....»»

Category: topSource: moneycentralApr 1st, 2020

J.C. Penney furloughs staff, extends store closures amid pandemic

J. C. Penney Co Inc said on Tuesday it would furlough a majority of its hourly staff and salaried associates next month, the latest U.S. retailer looking to weather the financial strain from store closures due to the coronavirus pandemic......»»

Category: topSource: reutersMar 31st, 2020

Macy"s to furlough majority of its 130,000 workers amid coronavirus

Department store giant Macy's Inc. announced Monday that it will furlough the majority of its workforce of 130,000 as it grapples with the impact of COVID-19, which has ground sales to a halt. Macy's (NYSE: M) made the announcement 13 days after it.....»»

Category: topSource: bizjournalsMar 30th, 2020

Nordstrom furloughs majority of workers

The coronavirus pandemic has forced Nordstrom to indefinitely close all its stores and now to furlough the majority of its workers......»»

Category: topSource: moneycentralApr 8th, 2020

Tesla cuts salaries and furloughs workers amid wind-down

Tesla will cut salaries by as much as 30% and furlough workers in the wake of the electric carmaker's forced production wind-down due to the coronavirus pandemic......»»

Category: topSource: moneycentralApr 8th, 2020

Almost all of San Francisco"s public transit will be shut down as the city gears up for an expected surge in coronavirus cases

Justin Sullivan/Getty Images The majority of San Francisco's public transit lines are being shut down amid the coronavirus pandemic. Out of Muni's 68 bus lines, only 17 will be kept open for essential workers. The change is due to o.....»»

Category: topSource: businessinsiderApr 7th, 2020

TJX to furlough most store, distribution center employees after April 11; executives trim salaries for 3 months

TJX Companies disclosed Tuesday that is implementing temporary furloughs for most of its retail store and distribution center employees after April 11, as a result of continued store closures amid the coronavirus pandemic. .....»»

Category: topSource: marketwatchApr 7th, 2020

TJX to furlough most store, distribution center employees after April 11; executives trim salaries for 2 months

TJX Companies disclosed Tuesday that is implementing temporary furloughs for most of its retail store and distribution center employees after April 11, as a result of continued store closures amid the coronavirus pandemic. The appa.....»»

Category: topSource: marketwatchApr 7th, 2020

GE Aviation Furloughs Half Its Engine Manufacturing Workforce Amid Coronavirus Pandemic

Thousands of workers in General Electric Company’s (NYSE: GE) aviation subsidiary are impacted as company furloughs half its aircraft engine manufacturing workforce. read more.....»»

Category: blogSource: benzingaApr 3rd, 2020

Disney furloughs to start April 19 amid coronavirus pandemic; droves of workers affected

With Disneyland and Disney World closed "until further notice" amid the coronavirus, the Walt Disney Co. is furloughing worke.....»»

Category: topSource: usatodayApr 2nd, 2020

Macy’s furloughs most of its 130,000 workers

Macy’s, which closed all its stores March 18 in response to the coronavirus pandemic, said it would furlough the majority of its workers starting this week. The company employs about 130,000,... To view the full story, click the title link......»»

Category: blogSource: crainsnewyorkApr 1st, 2020

Neiman Marcus to furlough employees and extend closures

Neiman Marcus Group Inc., which closed all of its stores this month in response to the coronavirus pandemic, is extending the closures and will furlough a majority of its around 14,000 workers in the... To view the full story, click the title link......»»

Category: blogSource: crainsnewyorkApr 1st, 2020

Kohl"s furloughs workers amid extended store closures, draws down full $1 billion revolving credit facility

Kohl's Corp. said Monday that it will extend store closures until further notice and, as a result, will furlough many store associates, distribution center workers and corporate staff whose duties are tied to store operations. Kohl's still .....»»

Category: topSource: marketwatchMar 30th, 2020

Coronavirus pushes Macy"s to furlough majority of 130K workers

Macy's Inc. will furlough the majority of its employees beginning this week as sales have evaporated while its stores remain closed due to the coronavirus......»»

Category: topSource: foxnewsMar 30th, 2020

Macy"s to furlough "majority" of workers starting this week because of coronavirus

Retail giant Macy's said it will furlough a "majority" of employees as companies continue to navigate how to operate during the co.....»»

Category: topSource: usatodayMar 30th, 2020

Macy"s to furlough majority of its 130,000 workers this week after losing "majority" of sales

Macy's Inc. said Monday that it will furlough most of its staff as store closures take a toll. As of Nov. 2019, Macy's had 130,000 staff members. The department store retailer'.....»»

Category: topSource: marketwatchMar 30th, 2020

Clothing rental service Rent the Runway lays off workers amid coronavirus outbreak

U.S. clothing rental firm Rent the Runway said on Saturday it had laid off retail employees following temporary store closures amid the ongoing coronavirus outbreak......»»

Category: topSource: reutersMar 28th, 2020

Cheesecake Factory furloughs 41,000 workers amid coronavirus

The Cheesecake Factory has furloughed 41,000 hourly employees related to restaurant closings caused by the coronavirus pandemic......»»

Category: topSource: moneycentralMar 27th, 2020

Cheesecake Factory furloughs 41,000 workers amid coronavirus

The Cheesecake Factory has furloughed 41,000 hourly employees related to restaurant closings caused by the coronavirus pandemic......»»

Category: topSource: moneycentralMar 27th, 2020

Marriott Vacation Worldwide closes some North America resorts, furloughs workers

One of Orlando's major timeshare operators, Marriott Vacations Worldwide (NYSE: VAC), has announced it will furlough workers and reduce work hours for others amid the coronavirus pandemic. The timeshare operator said it closed all its North Ameri.....»»

Category: topSource: bizjournalsMar 24th, 2020