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Layoffs

Harley-Davidson to Cut 13% of Global Workforce - WSJ

Harley-Davidson to Cut 13% of Global Workforce

By: Austen Hufford
Source: The Wall Street Journal
Date of Publication: July 9th, 2020
Motorcycle maker is latest company to reduce workforce as coronavirus spreads.
Levi's sales fall 62% in second quarter, to cut 15% of corporate workforce_CNBC

Levi’s sales fall 62% in second quarter, to cut 15% of corporate workforce

By: Lauren Thomas
Source: CNBC
Date of Publication: July 7th, 2020
Denim maker Levi Strauss & Co.’s sales fell 62% during the second quarter, the company announced Tuesday.
Companies Choose Furloughs Over Layoffs to Manage Coronavirus Slowdown - WSJ

Companies Choose Furloughs Over Layoffs to Manage Coronavirus Slowdown

By: Tatyana Shumsky and Kristin Broughton
Source: The Wall Street Journal
Date of Publication: July 6th, 2020
Wary of rehiring and retraining costs, most S&P 500 firms that announced staff reductions have avoided permanent layoffs; whether that lasts may depend on the recovery.
Coronavirus leads Ford to launch job-loss return policy _ Fox Business

Coronavirus leads Ford to launch job-loss return policy

By: Cortney Moore
Source: Fox Business
Date of Publication: June 29th, 2020
American car giant starts yearlong return program, Ford Promise, for customers unsure of job security.
American Airlines Will Have 20 – 30% Too Many Flight Attendants and Pilots by October

American Airlines Will Have 20 – 30% Too Many Flight Attendants and Pilots by October

By: Mateusz Maszczynski
Source: Paddle Your Own Kanoo
Date of Publication: June 28th, 2020
American Airlines chief executive Doug Parker has warned staffers that the airline will likely have an overage of employees of between 10 to 20 per cent by July 2021 owing to the continued impact of the Corona crisis. Flight attendants are likely to be one of the hardest-hit workgroups Parker warned at an employee Town Hall meeting last week, while pilots may be saved because of the high costs involved in recruiting and training them.
Nike CEO John Donahoe tells employees that layoffs are coming_CNBC

Nike CEO John Donahoe tells employees that layoffs are coming

By: Jessica Golden
Source: CNBC
Date of Publication: June 26th, 2020
On the same day that Nike announced dismal earnings, CEO John Donahoe sent an email to employees warning them that layoffs are coming.
Coronavirus forces Sonos to lay off 12% of its workforce_Fox Business

Coronavirus forces Sonos to lay off 12% of its workforce

By: Ann Schmidt
Source: Fox Business
Date of Publication: June 24th, 2020
Sonos is laying off 12 percent of its workforce because of the coronavirus pandemic, according to a Securities and Exchange Commission filing from Tuesday.
Jimmy John's Enlists Out-of-Work Creatives to Advertise Its Sandwich Deals_Adweek

Jimmy John’s Enlists Out-of-Work Creatives to Advertise Its Sandwich Deals

By: Richard Collings
Source: Adweek
Date of Publication: June 24th, 2020
Restaurant chain breaks with its own history to offer discounts during pandemic.
United Airlines sweetens exit deal for flight attendants, others

United Airlines sweetens exit deal for flight attendants, others

By: Tracy Rucinski
Source: Reuters
Date of Publication: June 17th, 2020
United Airlines (UAL.O) sweetened on Tuesday a voluntary exit package for frontline employees like flight attendants and gate agents, saying it needed “a lot more people to sign up” to avoid involuntary layoffs in October, according to a staff email seen by Reuters.
Hilton Cutting About 22% of Global Corporate Workforce - WSJ

Hilton Cutting About 22% of Global Corporate Workforce

By: Allison Prang and Craig Karmin
Source: The Wall Street Journal
Date of Publication: June 16th, 2020
Hotel operator’s job reductions amount to 2,100 employees as coronavirus hits travel, occupancy levels.