Layoffs have already begun and may accelerate. The Working Partnerships report says tech firms in Silicon Valley's Santa Clara and San Mateo Counties...
https://www.wsws.org/en/articles/2020/11/25/tech-n25.html
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Layoffs have already begun and may accelerate. The Working Partnerships report says tech firms in Silicon Valley's Santa Clara and San Mateo Counties...
https://www.wsws.org/en/articles/2020/11/25/tech-n25.html
But, as critical infrastructure, the airport will continue to operate, and despite budget shortfalls, Cassotis doesn't expect any layoffs in the coming year. “If we were...
https://www.wesa.fm/post/without-cutting-muscle-pittsburgh-international-airport-navigating-fewer-passengers
The deal enables Delta to avoid pilot layoffs while waiting for a rebound in sales that have been gutted by the coronavirus pandemic. While demand rose this...
https://ajot.com/news/delta-pilots-approve-agreement-to-avoid-furloughs-through-2021
The enterprise is also continuing its job cuts, including the approximate 4,000 North American layoffs announced in August and an unspecified number abroad.
https://www.fool.com/investing/2020/11/25/coca-cola-moves-ahead-with-big-strategic-reset/
https://www.insidernj.com/njdol-records-lowest-new-weekly-unemployment-claim-total-9-months/
We are writing to make the Ithaca College campus community aware that faculty cuts will most definitely end up being much larger than the 130 FTE [full-time...
https://theithacan.org/opinion/commentary-full-scale-of-faculty-layoffs-may-be-misrepresented-by-administration/
City councilors say they hope to avoid layoffs and keep Lebanon's tax rate from rising more than 3% as officials prepare to approve a 2021 budget...
https://www.vnews.com/Lebanon-officials-try-to-save-positions-37455192
Schools Superintendent Ian Roberts has been given the authority by Millcreek school directors to lay off employees not needed for 100% virtual learning. Laid-off...
https://www.goerie.com/story/news/education/2020/11/24/millcreek-support-staff-layoffs-schools-close-coronavirus/6404834002/
#news #MillcreekTownshipSdSchoolDistrictNews #MillcreekTownshipSchoolDistrictNews
Montefiore St. Luke's Hospital in Newburgh, N.Y., is facing a potential financial crisis because lenders are calling in loans worth $40 million, President and CEO...
https://www.beckershospitalreview.com/finance/new-york-hospital-warns-of-possible-mass-layoffs-bankruptcy.html
MEMPHIS, Tenn. (WMC) - Monday is the first night of strict new rules meant to stop the spread of Coronavirus in Shelby County. However, some business...
https://www.kait8.com/2020/11/24/business-owners-fear-layoffs-with-latest-health-directive-effect/
In June, University President Thomas LeBlanc said layoffs needed to offset GW's annual revenue gap would be completed in “the coming weeks.”.
https://www.gwhatchet.com/2020/11/22/layoffs-could-continue-during-second-phase-of-cuts-officials-say/
We'll see what happens here:
TAWAS CITY – “There are really no words to describe my level of disappointment in this board,” said Iosco County Prosecuting Attorney James Bacarella, at the...
http://www.iosconews.com/oscoda_press/news/article_7ad508c6-2e75-11eb-9134-d3bd798e6d5c.html
Evraz has begun laying off workers in their tubular division. The steel mill confirmed Friday, that on November 13th, layoff notices were issued for around 50...
https://www.620ckrm.com/2020/11/23/evraz-begins-layoffs-in-steel-mills-tubular-division/
Students voice opinions:
Students and faculty protested Marquette's proposed budget cuts that would potentially lay off hundreds of non-tenure professors and staff. The protest was held...
https://marquettewire.org/4044408/news/students-protest-potential-layoffs/
SCHENECTADY — A local company will add a third manufacturing site and 50 new jobs in Schenectady. P1 Ventures announced the move Tuesday with the...
https://dailygazette.com/2020/11/17/high-tech-manufacturer-to-employ-50-at-new-shop-in-northern-schenectady/
POLYWOOD, a manufacturer of outdoor furniture produced with recycled plastics, will expand its operations and manufacturing center in Syracuse, Indiana.
https://www.areadevelopment.com/newsItems/11-20-2020/polywood-manufacturing-syracuse-indiana.shtml
(ATM) and its affiliate TECC Grinding Inc., manufacturers of precision machined metal parts that are based near Los Angeles. Terms of the deal, which closed Oct.
https://www.bizjournals.com/stlouis/news/2020/11/20/esco-technologies-acquires-metal-parts-manufacture.html
Terzo Power Systems has a partnership with Chicago-based Quality Control Corp. to manufacture the hardware for its electrohydraulic pump systems that can...
https://www.bizjournals.com/sacramento/news/2020/11/19/terzo-power-signs-on-qcc.html
BUNCOMBE COUNTY, N.C. (WLOS) — A company expanding into Buncombe County has been granted approval for the economic incentives it requested.
https://wlos.com/news/local/aerospace-manufacturer-set-to-expand-into-buncombe-county
Noble Gas Solutions is the only manufacturer of dry ice, onsite, within 120 miles of Albany, NY. They offer delivery services for high-volume users, and pick-up...
https://www.wivb.com/news/albany-area-dry-ice-manufacturer-gears-up-for-covid-19-vaccine/
Good news...
G3, an advanced materials manufacturer and the world's largest producer of graphene, is a familiar player in the EV market. The company already works with a...
https://www.bizjournals.com/dayton/news/2020/11/19/g3-patents-could-drive-ev-innovations.html
In Tolerance
This will add jobs...
Iowa Economic Development Authority approved tax credits for In Tolerance Contract Manufacturing to build a “state-of-the-art automated anodize line” in Cedar...
https://www.thegazette.com/subject/news/business/in-tolerance-contract-manufacturing-cedar-rapids-iowa-economic-development-authority-20201120
Ventec was manufacturing about 140 ventilators per month at that time. Amid the Covid-19 pandemic, demand for ventilators skyrocketed. Shortages of the much-...
https://www.bizjournals.com/houston/news/2020/11/19/velentium-houston-medical-manufacturing-ventilator.html
The project is expected to create 141 jobs, resulting in a $1 million Michigan Business... the company “is developing the world's first all-electric pickup truck, the... “Lordstown Motors' new R&D facility will drive new advancements in future...
https://www.areadevelopment.com/newsItems/11-19-2020/lordstown-motors-farmington-hills-michigan.shtml
More layoffs expected at Activision-Blizzard, this time at APAC offices
Activision Blizzard is expected to institute another round of layoffs soon, this time at its studios in the Asia-Pacific region.
https://www.gamesindustry.biz/articles/2020-11-19-more-layoffs-expected-at-activision-blizzards-apac-offices
In April, amid the initial uncertainty of the pandemic, Locoh-Donou committed to not make any layoffs during the 2020 fiscal year, joining other industry...
https://www.geekwire.com/2020/pressure-investor-f5-networks-walks-tightrope-spending-1-6b-acquisitions/
There you go...
https://www.seattlepi.com/news/article/Massport-faces-layoffs-furloughs-buyouts-to-15742539.php
https://news-journalonline.com/story/news/state/2020/11/19/florida-jobless-claims-lowest-pandemic-forced-businesses-closures-march-unemployment-coronavirus/3777325001/
https://www.bizjournals.com/albany/news/2020/11/19/new-york-tax-revenue-down-dinapoli.html
Faculty and staff cuts could still be made, according to Floros. He said in the case of layoffs, the university will look at potentially transferring employees to different...
https://www.lcsun-news.com/story/news/education/2020/11/19/nmsu-town-hall-update-budget-potential-staff-faculty-cuts/3768082001/
Marin County cuts 22 positions over $16M deficit
“These options include no layoffs,” County Administrator Matthew Hymel told supervisors. “We're really looking for minimal impacts for our residents, especially...
https://www.marinij.com/2020/11/19/marin-county-cuts-22-positions-over-16m-deficit/
Less folks booking hotels is bad for everyone...
Without action from Congress, half of U.S. hotels could close with massive layoffs in the next six months,” AHLA president and CEO Chip Rogers said in a press...
https://www.bizjournals.com/milwaukee/news/2020/11/19/milwaukee-hotel-occupancy-continues-to-drop.html
Those numbers do not take into account workers who may be affected by layoffs during the latest COVID-19 pause, which began yesterday, and is scheduled to...
http://www.keweenawreport.com/news/state-news/michigan-unemployment-rate-falls/
https://www.wpr.org/wisconsin-unemployment-rate-ticks-slightly-5-7-percent-october
You can see more detail using the link below:
https://www.tapinto.net/sections/government/articles/hunterdon-county-freeholders-approve-business-non-interference-resolution
It was 3.1% in February before layoffs began. The nationwide unemployment rate in October was 6.9%, down from 7.9% in September. A separate survey of...
https://www.houstonchronicle.com/news/article/Georgia-jobless-rate-plunges-in-October-as-more-15740667.php
Georgia jobless rate plunges in October as more find jobs
ATLANTA (AP) — Many more people found jobs in Georgia in October as the state's unemployment rate decreased sharply.
The state's jobless rate fell to 4.5% in October from 6.3% in September, according to figures released Thursday by the state Department of Labor.
Nearly 225,000 more people reported having jobs, as nearly 150,000 more people flooded into the labor force. The number of unemployed Georgians fell to 231,000 in October from almost 314,000 in September.
The strength reversed a weak showing in September that had raised questions about Georgia's recovery from the economic fallout of the COVID-19 pandemic, which in April had pushed the state's jobless rate to a record 12.6%. It was 3.1% in February before layoffs began.
The nationwide unemployment rate in October was 6.9%, down from 7.9% in September.
A separate survey of employer payrolls — the top indicator for economists — also had good news, although not as jaw-dropping as the unemployment rate improvement. Georgia businesses hired an additional 25,000 people in October, boosting business employment to about 4.49 million people. Employer payrolls have recovered much of what they lost earlier this year, but remain about 160,000 jobs below the all-time record hit in February.
“The fact that we have so quickly reduced our unemployment rate to almost pre-pandemic levels demonstrates how strong our economy was prior to the crisis and how we are successfully recovering economically,” Labor Commissioner Mark Butler, an elected Republican, said in a statement.
Last week, 19,000 Georgians filed new unemployment claims, down from 24,000 the week before. After pausing, jobless claims are again declining, but more than 250,000 people are collecting state unemployment checks. Another 250,000 are collecting special federal unemployment assistance. The federal money covers people who aren’t eligible for regular state benefits, such as the self-employed, independent contractors, gig workers, or employees of churches and nonprofits.
Georgia collects unemployment taxes from businesses to fund its state benefits, but that piggy bank, which stood above $2.5 billion in March, has run dry. Georgia has already borrowed nearly $775 million from the U.S. Treasury to keep paying state benefits. Gov. Brian Kemp is bailing out the fund using up to $1.5 billion in federal COVID-19 aid.
https://foxbaltimore.com/news/local/unemployment-18440-marylanders-file-for-unemployment-742000-layoffs-in-the-us
The article is on the link below...
The report said the deficit could result in layoffs of up to 750 jobs. Superintendent Deena Bishop said that while the district was able to avoid layoffs this school...
https://tulsaworld.com/news/national/govt-and-politics/anchorage-school-district-in-alaska-projects-a-15-2m-loss/article_8abcb8d1-f25b-5c0c-850a-523f51fb1d55.html
#news #AnchorageSchoolDistrictNews
Concerned about COVID-19?
ANCHORAGE, Alaska (AP) — The Anchorage School District's finance team has projected a loss of $15.2 million for the fiscal year ending on June 30 because of lower enrollment.
The district's finance team presented the report to the Anchorage School Board finance committee on Monday.
Most of the district's funding comes from student enrollment, which fell more than 9% this year, Alaska Public Media reported.
Many families have pulled their children out of the district and into private schools or homeschools as a result of the coronavirus pandemic, the report said.
The school district has conducted class from home since March despite at least three different attempts to resume in-person instruction.
The school district's Chief Financial Officer Jim Anderson said in the meeting that funding is currently sufficient for the rest of the year.
How the school district handles its long-term budget is more unclear. The report projects a budget shortfall of about $30 to $40 million for the next fiscal year and about $60 to $70 million over the next three years. The report said the deficit could result in layoffs of up to 750 jobs.
Superintendent Deena Bishop said that while the district was able to avoid layoffs this school year, they will be harder to avoid if current trends persist.
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The controversy stemmed from U.S. Sen. James Lankford’s comments on KRMG radio in Tulsa on Wednesday during an interview that touched on the transition resources being denied Joe Biden, including the classified intelligence briefings about potential threats to the United States.
The controversy stemmed from U.S. Sen. James Lankford’s comments on KRMG radio in Tulsa on Wednesday during an interview that touched on the transition resources being denied Joe Biden, including the classified intelligence briefings about potential threats to the United States.
After several thousand supporters of President Donald Trump protested the election results and marched to the Supreme Court, nighttime clashes with counterdemonstrators led to fistfights, at least one stabbing and more than 20 arrests.
WASHINGTON (AP) — Fervent supporters of President Donald Trump rallied in Washington on Saturday behind his spurious claim of a stolen election and swarmed his motorcade in adulation when he detoured for a drive-by on his way out of town.
LOUISVILLE, Ky (AP) — Faced with rising case numbers and deaths, Kentucky Gov. Andy Beshear announced that he will introduce new steps to slow the spread of the coronavirus. He noted that these new actions would be more targeted than the lockdown measures enacted in March.
SALT LAKE CITY (AP) — Democratic U.S. Rep. Ben McAdams of Utah narrowly lost his bid to win re-election against former NFL player Burgess Owens, allowing Republicans to regain control of all four congressional seats in the conservative state.
President Donald Trump is not conceding to President-elect Joe Biden, promising unspecified legal challenges seeking to overturn the outcome of the election. Read Trump's full statement here.
LAS VEGAS (AP) — As officials in Nevada’s most populous counties certified results of the Nov. 3 election, President Donald Trump took to Twitter on Monday with a new attack on the vote that gave Democratic candidate Joe Biden a 33,596-vote statewide victory.
WASHINGTON (AP) — The nomination of Judy Shelton, President Donald Trump's controversial pick for the Federal Reserve, is stalled in the Senate after Vice President-elect Kamala Harris returned to the chamber to cast a key vote in a tally Tuesday.
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Santa Clara County supervisors are set to approve more layoffs across county government to prepare their 2021-22 budget for shortfalls due to the ongoing...
https://patch.com/california/campbell/santa-clara-county-eyeing-more-job-cuts-balance-next-year-s-budget
Any synergies here? Who will be redundant? HR? Finance?
https://www.nytimes.com/2020/11/19/business/media/buzzfeed-huffpost.html