Rivian lays off more workers

Defi Solutions, an auto lending solutions company, filed a WARN notice for 29 workers that will be laid off by July......»»

Pittsburgh-based UPMC is going to cut about 1% of its 100,000 employees across its footprint......»»

California-based job and recruiting site Glassdoor laid off 300 employees Thursday, or 30% of its workforce, due to COVID-19 business declines. The layoffs affected an undisclosed number of employees in G.....»»

A rental car company operating out of both the Daniel K. Inouye Airport and the Kahului Airstrip is laying off workers due to the impact that shutdowns to prevent the spread of Covid-19 have had on the travel industry. Altogether, the Hertz Corp. has .....»»

The Boston Globe on Wednesday eliminated an unspecified number of positions across the company in an ongoing effort to adjust to what it called a “significant” revenue impact to its core business during the pandemic. In a memo sent to Globe emplo.....»»

Aftermarket auto parts maker Cardone Industries Inc. is laying off 183 workers from its factory in Brownsville, Texas, due to the effects of Covid-19 on its business. The layoffs began April 27 and will continue through Aug. 31, the company informed.....»»

Houston-based food distribution giant Sysco Corp. (NYSE: SYY) has laid off and furloughed more workers. The Houston Chronicle reported this round of job cuts include employees at its corporate office in Houston. “Social distancing measures implem.....»»

The hotel's HR director said the company did not expect the layoffs to exceed six months, but it issued the required notice out of an "abundance of caution.".....»»

Only a handful of flights are departing and arriving at Tampa International Airport compared to pre-pandemic times, and it is causing a ripple effect for companies that depend on air carriers. Des Plaines, Illinois-based ground handler Prospect .....»»

G2 Secure Staff offers ground handling, vehicle maintenance, passenger assistance and other services for airlines at 54 airports in the United States......»»

In a letter to employees, the company's president and CEO and senior management said they were "very hopeful this crisis will end soon.".....»»

Heritage Golf Group, a California-based golf group with courses in Florida, South Carolina and Virginia, has laid off 33 workers at its golf course in Lutz because of coronavirus. The group laid off the workers at TPC Tampa Bay located at 5300 W. .....»»

Oilfield services giant Halliburton Co. has laid off 384 workers at the South San Antonio facility that oversees its Eagle Ford Shale operations. Halliburton (NYSE: HAL) informed the Texas Workforce Commission on April 7 that it was laying off th.....»»

The move follows company furloughs last month, as orders meant to deal with the Covid-19 pandemic continue to keep travel to a minimum......»»

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Shake Shack Inc. said preliminary first-quarter results show sales of $143.0 million, up from $132.6 million last year but below the FactSet consensus for $147.4 million. Same-resta.....»»

The company, with sales off 30% from projections, believes the federal loan will cover two-and-a-half months of pay and benefits for his U.S. workers.....»»

Cinemark has taken a series of measures to preserve its financial position amid the COVID-19 pandemic, including slashing pay, laying off hourly employees, furloughing employees and reducing spending, a filing shows.  The Plano, Texas-based movie.....»»

Used car dealership DriveTime has hit the brakes on its Clearwater site due to the impacts of coronavirus. The Tempe, Arizona-based company gave notice to the state on March 27 that the temporary closure is due to the "unforeseeable downturn in b.....»»

Movie chain lays off 17,500 hourly workers, furloughs half of its corporate employees.....»»