Layoffs

Air France workers gather during a protest in front of the company headquarters in Tremblay-en-France, outside Paris Friday, July 3, 2020. Air France is meeting with personnel representatives Friday to discuss thousands of job cuts after the virus pandemic grounded most flights and darkened prospects for future air travel. (AP Photo/Christophe Ena)
July 03, 2020 - 2:30 pm
PARIS (AP) — Air France and regional subsidiary Hop announced 7,500 job cuts Friday after the virus pandemic grounded most flights and darkened prospects for future air travel. Activists from multiple unions protested at Air France headquarters at Paris’ Charles de Gaulle Airport as talks began...
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FILE - In this Monday, June 29, 2020, file photo, Bigard Ogbonna, right, checks a customer's temperature before they enter a store at the Garden State Plaza mall in Paramus, N.J., as New Jersey's indoor shopping malls reopened from their COVID-19 pause. U.S. employers likely rehired several million more workers in June, thereby reducing a Depression-level unemployment rate, but the most up-to-date data suggests that a resurgent coronavirus will limit further gains. (AP Photo/Seth Wenig, File)
Associated Press
July 02, 2020 - 1:38 pm
WASHINGTON (AP) — U.S. unemployment fell to 11.1% in June as the economy added a solid 4.8 million jobs, the government reported Thursday. But the job-market recovery may already be faltering because of a new round of closings and layoffs triggered by a resurgence of the coronavirus. While the...
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FILE - In this June 4, 2020 file photo, a pedestrian wearing a mask walks past a reader board advertising a job opening for a remodeling company, in Seattle. U.S. companies added nearly 2.4 million jobs in June, according to a private survey, a large gain that still leaves the job market far below its pre-pandemic levels. The payroll company ADP said that small businesses reported the largest gain, adding 937,000 jobs. Construction firms and restaurants and hotels also posted big increases in hiring. (AP Photo/Elaine Thompson, File)
July 01, 2020 - 3:33 pm
WASHINGTON (AP) — With the viral outbreak worsening and unemployment at Depression-era levels, the government on Thursday will issue what will almost surely be another remarkable jobs report. Hiring in June might have reached the highest monthly total on record — 3 million. Yet so deep were the...
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FILE - In this file photo dated Tuesday, June 2, 2020, a few people relax in the sun backdropped by Tower Bridge spanning the River Thames in London. Some companies linked to hospitality and travel in Britain Wednesday July 1, 2020, have announced thousands of more job cuts as the longer term consequences of the COVID-19 pandemic take hold, choosing to slim down now for survival rather than await future potential government handouts.(AP Photo/Matt Dunham, FILE)
July 01, 2020 - 10:22 am
LONDON (AP) — Companies linked to hospitality and travel in Britain have announced thousands of more job cuts as the longer term consequences of the COVID-19 pandemic take hold, choosing to slim down for survival rather than await potential government handouts. The owner of sandwich and coffee shop...
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FILE - In this Tuesday, Feb. 11, 2020 file photo, visitors are seen at the booth of Airbus during the opening trade day of the Singapore Airshow 2020 in Singapore. European aircraft manufacturer Airbus says it plans to shed 15,000 jobs over the next year, with jobs mostly being lost in Europe. Airbus is struggling with the financial hit of the coronavirus pandemic. It said Tuesday, June 30 that it doesn't expect air traffic to recover to pre-COVID levels before 2023 and potentially as late as 2025. (AP Photo/Danial Hakim, file)
June 30, 2020 - 2:03 pm
PARIS (AP) — European aircraft manufacturer Airbus said Tuesday it plans to eliminate 15,000 jobs over the next year, mostly in Europe, as it struggles with the financial hit of the coronavirus pandemic. “With air traffic not expected to recover to pre-COVID levels before 2023 and potentially as...
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A man walks past a retail store that is going out of business due to the coronavirus pandemic in Winnetka, Ill., Tuesday, June 23, 2020. Illinois Gov. J.B Pritzker announced a package of state grant programs that will help support communities and businesses impacted by the COVID-19 pandemic and unrest in the area. (AP Photo/Nam Y. Huh)
Associated Press
June 25, 2020 - 8:39 am
WASHINGTON (AP) — The number of laid-off workers who applied for unemployment benefits declined slightly to 1.48 million last week, the 12th straight drop and a sign that layoffs are slowing but are still at a painfully high level. The steady decline in claims suggests that the job market has begun...
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Qantas Chief Executive Alan Joyce speaks during a press conference in Sydney, Thursday, June 25, 2020. Qantas, Australia's largest airline, says it plans to cut at least 6,000 jobs and keep 15,000 more workers on extended furloughs as it tries to survive the coronavirus pandemic. Joyce announced a plan to reduce costs by billions of dollars and raise fresh capital. The plan includes grounding 100 planes for a year or more and immediately retiring its six remaining Boeing 747 planes. (Bianca De Marchi/AAP Image via AP)
June 24, 2020 - 11:05 pm
WELLINGTON, New Zealand (AP) — Qantas plans to cut at least 6,000 jobs and keep 15,000 more workers on extended furloughs as Australia's largest airline tries to survive the coronavirus pandemic. Qantas announced a plan Thursday to reduce costs by billions of dollars and raise fresh capital. The...
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FILE - In this June 23, 2020, file photo orange barriers enclose chairs and tables that will be used for dining along Sixth Street between Liberty and Penn avenues in downtown Pittsburgh. A report by Moody’s Analytics, a private sector economic research firm, released Wednesday, June 24, is warning anew of continuing damage to the economy if Washington doesn’t deliver several hundred billion dollars in budget relief to states and local governments amid the coronavirus pandemic. (AP Photo/Gene J. Puskar, File)
June 24, 2020 - 3:56 pm
WASHINGTON (AP) — A new private sector report is warning anew of continuing damage to the economy if Washington doesn’t deliver several hundred billion dollars in budget relief to states and local governments amid the coronavirus pandemic. But Wednesday’s report by Moody’s Analytics, a private...
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Bill de Blasio
Michael Appleton/Mayoral Photography Office
WCBS 880 Newsroom
June 24, 2020 - 1:04 pm
Mayor Bill de Blasio warned that New York City may have to lay off 22,000 city workers as it tries to make $1 billion in cuts, with just days to go before a budget must be agreed upon.
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In this April 15, 2020 photo, a lone pedestrian makes their way through the Ithaca Commons in Ithaca, N.Y. Most of the almost 24,000 students at Cornell University and 6,200 more from Ithaca College effectively vanished in March when the pandemic struck, leaving behind struggling restaurants and shops. Locals still reeling from the outbreak and resulting exodus are wondering when - or if - things will get back to normal. (John Munson/Cornell University via AP)
June 21, 2020 - 9:27 am
What happens to a college town when the students disappear? Ithaca, a small upstate New York city nearby gorges and vineyards, is finding out. Most of the 24,000 students at Cornell University and 6,200 more from Ithaca College effectively vanished in March when the coronavirus pandemic struck,...
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