Coronavirus drives Under Armour to furlough 6,600 US workers
The temporary layoffs will impact about 6,000 employees at Under Armour’s full-price and discount outlet stores, and about 600 workers at its U.S. distribution centers. The changes take effect on April 12......»»
Reds announce furloughs, pay reductions
The Cincinnati Reds are the latest local company forced to furlough workers due to the coronavirus, which has disrupted the 2020 Major League Baseball season and shuttered Great American Ball Park......»»
Tesla"s Musk nears $750 million options payday ahead of results
Tesla Inc Chief Executive Elon Musk is on the cusp of a roughly $750 million payday as the electric carmaker's stock recovers from a slump caused by the coronavirus, which led the company to close its factories and furlough workers......»»
Airbus furloughs 3,000 French aerospace workers
Airbus will furlough some 3,000 French aerospace workers by tapping a government-backed scheme for four weeks starting from Monday, the planemaker said on Friday, in its latest effort to cope with the coronavirus crisis......»»
Honda extends Mexican plant shutdown, furloughs more U.S. workers
Japanese automaker Honda Motor Co said Wednesday it will extend a shutdown of its Mexican plants through April 30 and plans to furlough most U.S. salaried workers for two weeks as a result of the coronavirus pandemic......»»
Disney World To Furlough 43,000 Union Workers Due To Coronavirus Pandemic
The Walt Disney Company's (NYSE: DIS) subsidiary Walt Disney World Resort is set to furlough 43,000 union workers starting April 19 due to the novel coronavirus (COVID-19) pandemic, CNBC read more.....»»
An unusual financial-crisis-era tactic designed to avoid layoffs is reemerging as coronavirus freezes the economy. Here"s why it could make a recovery take a lot longer.
REUTERS/Manuel Silvestri Salary cuts — last seen during the global financial crisis in 2008 — are back as companies try to cut costs as the coronavirus pandemic drives an economic slowdown. While the move keeps workers .....»»
Volkswagen furloughs 1,500 workers at Tennessee auto plant starting April 11
Volkswagen AG said Thursday it will furlough 1,500 workers at its U.S. assembly plant in Tennessee starting April 11 as the industry grapples with the ongoing coronavirus pandemic......»»
Volkswagen furloughs 1,500 workers at Tennessee auto plant starting April 11
Volkswagen AG said Thursday it will furlough 1,500 workers at its U.S. assembly plant in Tennessee starting April 11 as the industry grapples with the ongoing coronavirus pandemic......»»
Volkswagen furloughs workers at Tennessee auto plant starting April 11
Volkswagen AG said it will furlough workers at its U.S. assembly plant in Tennessee starting April 11 as the industry grapples with the ongoing coronavirus pandemic......»»
Coronavirus update: 1.54 million cases worldwide, 93,425 deaths and millions of Americans seek jobless benefits
The number of Americans seeking jobless benefits soared again on Thursday, in the latest sign of how the coronavirus that causes COVID-19 is impacting all sectors of the economy, as companies are forced to furlough and lay off workers.....»»
My hours have been cut due to a coronavirus furlough, but my workload hasn’t
For furloughed workers, it can be tricky to negotiate employer expectations for a shorter workweek......»»
Coronavirus pushes CarMax to furlough 15K workers
CarMax has closed about half of its stores due to the coronavirus pandemic......»»
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......»»
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......»»
Coronavirus update: 1.46 million cases worldwide, 85,397 deaths; Wuhan lifts travel ban, while U.S. case tally tops 400,000
The number of U.S. cases of the coronavirus that causes COVID-19 rose above 400,000 on Wednesday, as companies continued to cut costs and furlough workers as they close offices and idle plants to prevent the spread of the deadly illness......»»
Coronavirus update: 1.45 million cases worldwide, 83,471 deaths; Wuhan lifts travel ban and U.S. case tally nears 400,000
The number of U.S. cases of the coronavirus that causes COVID-19 headed closer to 400,000 on Wednesday, as companies continued to cut costs and furlough workers as they close offices and idle plants to prevent the spread of the deadly illness......»»
Tesla to furlough workers, cut employee salaries due to coronavirus
Tesla Inc told employees on Tuesday it would furlough all non-essential workers and implement salary cuts during a shut down of its U.S. production facilities because of the coronavirus outbreak......»»
Tesla to furlough workers, cut employee salaries due to coronavirus
Tesla Inc told employees on Tuesday it would furlough all non-essential workers and implement salary cuts during a shut down of its U.S. production facilities because of the coronavirus outbreak......»»
Tesla to furlough workers, cut salaries amid coronavirus shutdowns: report
Tesla Inc. will cut salaries and furlough non-essential workers at its U.S. facilities until they are able to reopen amid the coronavirus pandemic, the tech news site Protocol reported Tuesday night. According to a.....»»
Honda, Nissan furlough U.S. workers as auto demand plummets
Honda Motor Co and Nissan Motor Co on Tuesday said they had furloughed thousands of workers at their U.S. operations as the coronavirus pandemic slashes demand for cars in the country......»»