Tag Archives: 000 employees – CNN

In a new memo to its employees, United (UAL) As many as 1,370 employees will be laid off when pay cuts linked to the federal bailout expire on October 16, United officials told reporters Wednesday, less than half of the airline’s July furlough forecast, with early retirees accepting or volunteering …

The layoffs, which represent 3% of Macy’s workforce, will save the company about $ 630 million annually. Macy’s is reopening many of its stores in the United States, which the company previously said are working better than expected. “Covid-19 has significantly impacted our business,” Macy’s CEO Jeff Gennette said in …