Layoffs

A resurgence of confirmed COVID cases across the South and West — and the suspension or reversal of re-openings of bars, hotels, restaurants and other businesses — is endangering hopes for an economic rebound in the region and perhaps nationally

Even as the U.S. economy begins to flicker back to life, even as job cuts slow and some laid-off people are called back to work, the scope of the devastation left by the viral pandemic has grown distressingly clear to millions who’d hoped for a quick return to their jobs: They may not be going back anytime soon

Signs of renewed activity are surfacing across the country as states gradually reopen economies and some businesses call a portion of their laid-off staffers back to work

Uber is cutting 3,000 more jobs less than two weeks after an initial round of layoffs, CNBC confirmed. In an email to employees Monday, CEO Dara Khosrowshahi said Uber would also be shutting or consolidating 45 offices around the world and it is considering cuts to other businesses, like freight. Uber shares were up about 9% on the news, which was…

Consumer spending tumbled a record 16.4% in April as the backbone of the U.S. economy retrenched amid the coronavirus pandemic, according to a government report Friday.

For the more than 33.5 million Americans who’ve filed for unemployment since mid-March, the stress of living during the pandemic includes dealing with theadditional stress of job loss. Even in the most normal of circumstances, “involuntary job loss is one of the most stressful events on the scale of stressful life events,” says Monique Valcour, an executive coach, keynote speaker and management professor. With millions...

Call it realism or pessimism, but more U.S. employers seem to be recognizing a growing possibility: That many, if not most, of the employees they’ve had to lay off in the face of the coronavirus pandemic may not be returning to their old jobs anytime soon

Ride-hailing pioneer Uber plans to lay off 3,700 employees, according to a report from CNBC citing a Securities and Exchange Commission filing Wednesday.

Airbnb plans to lay off nearly 1,900 employees, or about 25% of the company, a person familiar with the plans confirmed to CNBC.

The National Rifle Association has been cutting staff and salaries amid the coronavirus pandemic

If you’ve recently been laid off from your job or are worried you could be, you may be wondering if you’re entitled to a severance package, what it covers and if you’ll be able to negotiate certain elements of it. Getting clarity around what will happen to your pay, insurance coverage and other benefits can help you bridge the gap...