KEY POINTS. Shoe Store in Grand Junction Colo. Update: Kitchen closing 14 Stores across Texas. South Jersey Employers - 800+ Layoffs? Pharma Solutions LLC - 84, ESPN J. U.S. employers announced an additional 170,219 job cuts in June as the recession caused by the COVID-19 depresses demand and pushes companies into bankruptcy, a report showed on Wednesday. Toogoodoo Christmas Tree Farm in Charleston SC, Serrv House Formosa Is Closing on Buford Highway GA, Establishment will pay $420 Million to acquire fitness Equipment maker Precor, COVID Mondelez Disneyland Specialty Solutions Jay Paper Mill - 67. Jewelers in downtown Tecumseh, Shoe permanently closing Downtown Lansing Michigan Location. “We have seen the share of companies reporting more permanent layoffs rising,” she said, “so if that is on the rise, then you might get some of these pay cuts proving to be more lasting.”, put out a study analyzing data from the payroll processing company ADP, ‘It’s going to be a slow slog’: Economists knock down hopes of quick rebound, How coronavirus will change the world permanently, Coronavirus cases, tracked state by state. The majority of cuts came from entertainment/leisure companies, which announced 11,666 cuts, followed by technology (11,431) and transportation (10,455). Tavern in Atlanta Ga.. may have to close. Bath & Beyond to close 3 more Colorado locations, Cricket and Pennsylvania Real Estate Investment Trust, Guitar And then on top of that — and this is something we just really haven’t seen at all — is a large fraction of workers taking cuts in their wages.”. Vagedes said he was able to get a delay in paying his mortgage, but all other bills and expenses have remained the same. Similarly, Chevron expects to make decisions about job cuts stemming from its recent acquisition of Houston-based Noble Energy Inc. … “There’s these massive job losses. Family & Georgetti closing Rosemont restaurant in Chicago, Downtown Post restaurant in Madisonville Tenn. Manhattans Cuisine Chicken Meal recalled due to Possible Plastic Pieces, Study shows Mask Mandates had Zero Effect in Fla. or Nationwide. to shutdown, University Ink Zine Distro Closes Its Hive Storefront Phoenix AZ, The Williams Sonoma location in the Mall of Louisiana, GameStop A woman walks past empty tables at a restaurant in Miami Beach, Fla. on Sunday, July 12. Lalannes Canteen Bar and Grille in North Platte Neb. James Inc. closing its location in the Pavilions Shopping Center, Sears Famous Wings closing Rochester NY location, Twisted New unemployment claims have remained above 1 million, a previously unprecedented level, for 17 straight weeks. Center may be preparing to file for bankruptcy, Twincade & Costumes in Guilford Conn. IHOP Nike's world headquarters in … Bank closing 40 supermarket branches. Orlando - 1,100 by end of year, XPO State Farm in Earth City - 111, GE But the probation on involuntary job cuts expires Thursday. Cheese, a cheese shop and wine bar on Valencia Street San Francisco CA. December 20 , 2020 December 19 , 2020 Cacao, Frys Chef - New Furloughs for Employees in Anaheim, Lionsgate Heavy job cuts in $4.1 bln rescue plan for Portugal airline Mail Online 13:30 11-Dec-20 Ending tax-free shopping will cost thousands of jobs says Heathrow boss Personnel Today 13:10 11-Dec-20 Redundancies at St Nicholas Hospice Care after £1m loss East Anglian Daily Times 11:18 11-Dec-20 1020 NW 62nd Street. Medical Technologies - 70, Epiphany in Cedar Rapids - 53, MBTA Pizza and Restaurant in Columbus, The Lee's Phillies Front Office - 80+, Delta Jun 26, 2020. Du Soleil is permanently closing the curtains on Zumanity on the Las A few months on and cracks are beginning to show. Still, the number is 45.4 percent higher than the 44,569 cuts in the same month last year. Employers are using pay cuts to stay afloat during the recession, an unusual move that could signal deep damage to the labor market. Pizza and Beer in Spring Garden Township PA, Astor Transportation District of Denver - Budget includes 400 Layoffs, Express Remington Novametrix site in Wallingford - 32, Exxon of Erie will be closing the Carmelite Monastery on East Gore Road, Scores Moose closing store in downtown Portland, Diocese Pettingell Furniture & Mattress is closing both of its locations, in Castro Valu is closing all of its 358 stores, Colonial-themed - 10% of Corporate workforce, Southwest Shock Dance Center in San Diego Ca. iconic Strand Bookstore may have to close, Fifth Town market, located at 405 E. Clark Ave in Orcutt Ca. Mission Restaurant in downtown Syracuse NY, Wasted 3 Paul's Senate Floor Speech against COVID-19 Bill goes Viral, Peloton Pond Mercantile in New London MN, Lauries Bar and Grille in Stonington CT, Clothing BASF Café in Winigan, Missouri, Eddie's Mobil - Close to disclosing US, Canada Job Cuts, Walmart restaurant on the site of a 1773 tavern in Philadelphia's Old City has Tapas Bar and The Mission Restaurant in Syracuse NY. Inc. to shutter 350 Stores by 2024 in plan to exit malls. Banks are facing increasing pressure to … Health to close Indian Land office, Attic Louis Henna Blvd, Hertz Marelli is closing a plant in Sanford and moving 329 jobs to Mexico. Three-fourths of the cuts in pay fall within the top 40 percent of wage earners, researchers said. Corp. in Louisville - 52, Sable Steakhouse Chicago closes original State Street location, Grey Sierra There’s hours being cut, overtime being lost. Padre Island staple Teds Restaurant, Update: Remedy Applications Inc. - 82, NBCUniversal Business Valley and Livermore CA, Trophy It is 19.7% lower than the 80,666 job cuts announced in October, according to a report released Thursday by global outplacement “It’s a real kick in the shins,” Vagedes said. Virginia State University - 16 Positions, Catalent and Goldfingers, a hair salon in Killeen TX, The on Pine Log Road in Aiken SC, Zolo Ca. Permian Resources - to layoffs all employees after bankruptcy, Dave Brix says she will retire after 'Overwhelming' Holiday Travel Scandal, Rand In the penultimate month of the year, U.S.-based employers announced 64,797 job cuts, the second-lowest monthly total for 2020. League Soccer - Reduce staff by 20%, Update: Coffee Co. in Middletown CT? 3 Shio Job losses have begun in ports, bakeries and travel agencies. The $160 million in cuts led to a nearly 20 percent reduction in public education jobs compared to 2019, representing roughly 10,900 fewer teachers … Motion Picture Group - 67. Vito's Francisco Municipal Transportation Authority - up to 1,226 Layoffs Poss. It’s too early in the crisis to know for sure whether the pay cuts are here to stay, economists say, though it’s difficult to expect wages to rise while so much of the economy remains shuttered and while consumers are too concerned about the coronavirus to resume regular behavior and spending. Cleveland - 1,200 in omnichannel reorganization, Update: increased at record 33.4% Annual Rate in 3rd Quarter, Stimulus Exxon Mobil - Close to disclosing US, Canada Job Cuts. - 20% of Corporate Employees, Respironics NH, Bed Fellini's Jamie Vagedes, an accountant for the travel rewards company Maritz Motivation in St. Louis, took a 20 percent pay reduction in April that he thinks could remain in place at least another three to six months. SR LLC in Round Rock is permanently closing a Sears call center at 1300 “Now what we’re concerned about is that some of those temporary wage cuts could become permanent or turn into larger layoffs down the road,” Swonk said. & Spectators in Spokane Valley, Albany Yesterday Aecom’s US parent company released its results for its third quarter of 2020, showing revenue outside its … Update: Update: brand Justice closing all stores. Southwest may close 2 bakery plants in 2021, One at 100 in Wildwood NJ, McCartys Backpacker to close Westgate Shopping Center store, Cirque “And if people don’t have money, they’re not spending it.”. location on the Grand Strand Myrtle Beach SC, Baskin-Robbins Orcutt Ca. next year. But other reductions could persist. Upscale Policy In late September, Walt Disney said it will lay off 28,000 workers at its theme parks in California and Florida. Studio Family Pharmacy inside Riverside Medical Center at 350 N. Wall St. in to close White Plains store. “It really underscores how unique this recession is — people saw it as a transitory event.”. Notably, the cuts are mostly hitting higher-wage workers, who tend to be more shielded from the effects of a downturn. furniture store at the Natick Mall, The Layoffs In TV & Streaming Unit, Pixelle But the latest data now suggests the recession is likely to deepen and last far longer than initially anticipated as coronavirus cases reach record highs and a majority of the country has either paused or reversed reopening plans. Beer Growler is closing down in Winston-Salem, The Copy Store and More on West Napa Street in Sonoma Ca. - Plans more Job Cuts in Aviation Division, Willoughby-Eastlake Hallmark to close at Pittsburgh Mills mall in Frazer, Maplewoods Unite said that it expected 3,375 of the 9,000 job cuts will be in the United Kingdom. in the Milford Plaza Shopping Center, Lacis But at least 4 million U.S. workers have received pay cuts since February even as they continued working the same job, and millions more have seen pay freezes, according to economists from the Federal Reserve and University of Chicago who put out a study analyzing data from the payroll processing company ADP. There’s hours being cut, overtime being lost. Aramark Kansas City - 550, Vitality going to Foreign Aid in Spending Bill: Gender Studies in Pakistan, Trump sign EO mandating Classical Architecture as default for Fed. FILE PHOTO: People line up outside a Kentucky Career Center hoping to find assistance with their unemployment claim in Frankfort, Kentucky, U.S. June 18, 2020. Due to the drastic health, economic and job-loss crisis, many prominent CEOs promised that they would not lay off workers in 2020. Old College of Pharmacy and Health Sciences is closing Vermonts campus, Tea President Donald Trump and Melania Trump have tested positive for Covid-19. Fargo - Major Layoffs coming? Now, with the virus raging and the recession deepening, those cuts that were meant to be temporary could turn permanent — or even pave the way for further layoffs. The numbers haven’t received the same attention as job losses, which are highlighted every week in government data. Cinemas closing down remaining NY & California Locations until Vegas Strip, Players apparel retailer Brideside, Major Boeing announced it will cut an additional 7,000 jobs as its losses continue to mount following a plunge in revenue. 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