Furloughed Means News, Photos, Videos and Tweets

Macy's to furlough most of its 130,000 workers

Macy's says it will rehire as many furloughed employees as it can once in-store retail business resumes.

furloughed means - CBS News
9:17am PDT - March 30th, 2020

An unprecedented wave of layoffs, what you need to know about the stimulus bill, and what comes next

Hello! This was the week that the economic toll of the coronavirus pandemic really became clear. On Thursday, the Labor Department revealed that around 3.3 million Americans filed for unemployment benefits in the week ending March 21, a record high. As Joseph…

furloughed means - Business Insider
6:20am PDT - March 29th, 2020

I was furloughed: 6 people who worked at restaurants, as substitute teachers or tour guides, and more share how they're getting by with no income

The coronavirus pandemic has shut nonessential businesses down for the time being, and many workers have been told to stay home in efforts to flatten the curve. Instead of layoffs, many companies have opted to furlough employees, or enforced unpaid time off. …

furloughed means - Business Insider
10:50am PDT - March 27th, 2020

Layoffs, furloughs, and spending cuts: We're tracking how oil giants from Exxon to Halliburton are responding to the historic price shock

The novel coronavirus continues to cripple the global demand for oil, driving down the price to 17-year lows. Oil companies are among those that will be hurt the most. The breakeven oil price for an average company's cash flow is $25, about where the US bench…

furloughed means - Business Insider
8:12am PDT - March 27th, 2020

To avoid a repeat of 2008, Main Street America says help needs to be fast

Small businesses in the United States say promised help from the federal government and the Federal Reserve is welcome news in the battle to stay afloat through the coronavirus crisis, but needs to hit their bank accounts fast if it's to make a difference as …

furloughed means - Reuters
12:34pm PDT - March 26th, 2020

Coronavirus: 'We are not working in safe conditions'

Many workers say they are being made to continue doing non-essential work, despite government advice.

furloughed means - BBC News
9:23am PDT - March 26th, 2020

I own a small business. The CDC order is a death sentence. - The Washington Post

Government can enact broad policies without needing to specify a time frame for halting activity.

furloughed means - The Washington Post
5:27pm PDT - March 18th, 2020

Delta Air Lines reduces capacity by 40%

As Delta CEO Ed Bastian noted in a letter to the company's staff today, the company is now seeing more cancellations than new bookings over the next month. Only a few days ago, Delta was looking at a 15 percent capacity cut. Unlike some of its competitors, in…

furloughed means - TechCrunch
12:07pm PDT - March 13th, 2020