layoffs
Why Silicon Valley home prices have been immune to Covid infection so far
Half a year into a collapse of much of the business sector triggered by a global health crisis, home prices remain stubbornly resistant to the economic drag generated by Covid-19 in Silicon Valley and across the nation.
Wells Fargo cuts more jobs as part of earlier cost-cutting drive
Wells Fargo & Co WFC.N has started to cut jobs at its commercial banking unit as part of larger reductions that will impact nearly all of its functions and business lines, a company spokeswoman said on Wednesday.
ANALYSIS: As U.S. job growth stalls, some workers face long-term unemployment
More than six months after the pandemic ravaged the U.S. labor market, millions of Americans who are still unemployed are bracing for the possibility that the jobs they held before the crisis may not come back for years, if at all.
Layoffs and Furloughs on the Horizon
The weak jobs report didn’t take into account a new wave of layoffs and furloughs that are threatening to grind the economic recovery to a halt.