The Latest Layoff News

News from our sources

FOX News

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September 16, 2020
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United States
Fox News will lay off staff in a reorganization and restructuring of its businesses. β€œAs Fox News Media has evolved into a streamlined multiplatform organization, we are realigning several functions and restructuring various divisions in order to position all of our businesses for ongoing success,” a Fox News spokesperson told The Hollywood Reporter in a statement. No on-air talent are expected to be impacted by the changes, and less than 3 percent of staff will lose their jobs in the reorg. Fox News' parent company Fox Corp. employees about 9,000 people, and has been reorganizing its businesses by division. In July, Fox Sports laid off between 50 and 100 people in a similar move to "streamline" operations. Fox Corp. had mostly avoided layoffs since selling its entertainment assets to Disney last year.
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KCRW

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September 16, 2020
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Santa Monica, CA
KCRW has eliminated 28 jobs through buyouts and layoffs as the Santa Monica-based public radio station projects a whopping 30% loss to its operating budget due to the pandemic. In an open letter published on Wednesday, KCRW President Jennifer Ferro said that while a federal loan through the Paycheck Protection Program helped the station keep staff on through last month, the ongoing economic damage caused by the pandemic led the station to offer voluntary buyouts to staff, which 24 staffers agreed to take. Another four positions were eliminated on Wednesday, bringing the total to 28 β€” or roughly 18% of the station’s full- and part-time staff.
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Raytheon

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September 16, 2020
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United States
Raytheon, the parent company of Pratt & Whitney, announced its plans for layoffs is deepening. The company announced back in July that it was cutting more than 8,000 jobs. On Wednesday, the company said that number has grown to 15,000. Raytheon has yet to provide a breakdown of where the jobs cuts will take place, or if any Connecticut employees will be affected, as both Pratt & Whitney and Collins Aerospace have locations in other parts of the country.
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Dave & Busters

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September 16, 2020
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United States
Dave & Buster's staggering same-store sales decline and the scope of these layoffs reflect the toll coronavirus restrictions and closures have taken on the eatertainment category. As of Sept. 9, the chain had reopened 89 of its 137 stores β€” located in 40 states, Puerto Rico and Canada β€” with reduced hours and limited capacity. These reopened locations offer socially distant seating and game configurations and a reduced food menu. β€œWe did not foresee how significantly and for how long a time the pandemic and related government lockdown orders would impact our business. We also did not foresee that lockdown orders, initially issued for short durations in only a few cities, would spread throughout the country and be repeatedly extended,” Kathryn Rainey, Dave & Buster's senior director of human resources, told Colorado in a WARN letter.
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Kohl's

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September 16, 2020
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Menomonee Falls, WI
Hundreds of Kohl’s employees lost their jobs on Tuesday as the retailer slashed its corporate workforce, citing the COVID-19 pandemic. Kohl’s said it expects to save about $65 million annually through the reduction of its corporate positions by about 15%. It did not release the number of positions affected but thousands of people work in the corporate staff. The layoffs will β€œfurther align [Kohl’s] cost base in response to the business impact resulting from the COVID-19 pandemic,” the company said in a regulatory filing. Kohl’s previously eliminated around 250 positions in February as part of a pre-pandemic corporate restructuring. The pandemic forced Kohl’s to temporarily close all of its more than 1,100 stores this spring. The stores have reopened but revenue slipped 23.1% to $3.4 billion in the second quarter
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Citi

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September 15, 2020
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Global
Citi is going to resume job cuts after a pause during the pandemic, according to reports from Bloomberg News and Financial Times citing a statement. The Citi job cuts will amount to less than 1% of its workforce, which totaled 204,000 at the end of June. Citi said its overall staff levels would be stable due to recent hiring.
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Delaware North

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September 15, 2020
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United States
Delaware North laid off 517 full-time positions on Tuesday as COVID-19 continues to hammer the hospitality management and food service industry across the globe. "Losing valued employees is never easy, but it was important to us to pay out a severance to these associates," said Glen White, Delaware North's Director of Communications. The Buffalo-based company, which has operations globally, says it was clear that the impacted roles "would not return in the foreseeable future," which led to the layoffs.
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Dell Technologies

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September 14, 2020
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Round Rock, TX
Dell Technologies is preparing to eliminate jobs as more businesses continue to struggle amid the coronavirus pandemic, Bloomberg News reported on Monday. According to the report, the company's chief operating officer, Jeff Clarke, informed staff during its quarterly meeting that the layoffs won't be limited to any particular team or division within the company. Bloomberg reported that the company did not elaborate on the number of jobs that would be eliminated but, according to filings, Dell had 165,000 employees at the end of January.
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Microsoft

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September 14, 2020
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Fargo, ND
Microsoft lays off employees at its Fargo campus. A spokesperson for the company would not say how many people were affected. The company’s headquarters in Redmond, Washington put out a statement that says, a small percentage of the employee base in Fargo was eliminated. Microsoft says it reflects adaptions to business needs and does not change its commitment to having a company presence in Fargo.
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Airbus

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September 14, 2020
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Toulouse, France
Airbus AIR.PA has stepped up warnings of compulsory layoffs as air travel fails to recover as quickly as expected from the coronavirus crisis, putting itself on a potential collision course with unions and the French government.
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