layoffs

Future Hall of Famer Kawhi Leonard keeps finding way to impress the NBA world – and that is not limited just to those watching from the couch. With less than two minutes left in Monday night’s game against the Nuggets, Denver star Jamal Murray saw an opening and drove to the basket. Leonard rejected him …

This most assuredly was not what Barry Trotz had in mind on Monday morning when he said, “Time is going to go quicker the deeper you go into this,” but the Islanders coach might as well have been talking about the pace the Lightning would bring to the rink in this conference finals series in …

The Islanders may have left their game in Toronto. In what turned out to be their most lackluster performance since the start of the playoffs, the Islanders had circles skated around them Monday night as the Lightning took a roaring 8-2 victory in Game 1 at Rogers Place in Edmonton. Whether it was the one-day …

Juul said it would make a “significant” cut to its global workforce and explore pulling out of some European and Asia-Pacific markets to save cash and weather a tumultuous period for the e-cigarette industry. The company, partly owned by Marlboro maker Altria Group, is planning to lay off about 1,200 employees, more than half its …

Virgin Atlantic completed its 1.2 billion-pound ($1.6 billion) restructuring plan and cut 1,150 jobs Friday as the airline sought to rebuild following the devastation caused by the COVID-19 pandemic. The deal had been approved by the High Court in London earlier this week, and was formally recognized by a US court — the last step …

The line was dominant and dazzling, the Anders Lee-Mat Barzal-Jordan Eberle combination owning staggering peripherals. At five-on-five, the unit built a 32-11 advantage in attempts, a 22-5 edge in unblocked attempts, a 15-5 edge in shots, a 91.49 xGF and a 17-3 advantage in scoring chances, per Naturalstattrick.com. Lee scored on the power play with …

Hollywood talent agency UTA, whose star-studded client list includes Will Ferrell, Chris Pratt and Ryan Seacrest, laid off 50 of its 1,100 employees as the pandemic continues to crimp its business. UTA chief executive Jeremy Zimmer delivered the news in a staff email late Wednesday, adding that despite the “difficult decision,” business is starting to …

Amtrak will furlough more than 2,000 workers as a result of the steep decline in travel demand from the coronavirus pandemic. House Transportation Committee Chairman Peter DeFazio said the workers were notified this week they would lose their jobs. In May, Amtrak said it needed a new $1.5 billion bailout and disclosed plans to cut …

Ford will offer early retirement incentives with hopes of cutting its US white-collar workforce by 1,400 more positions. Kumar Galhotra, the company’s president of the Americas, told employees about the offers Wednesday morning. The company says they’re part of an $11 billion restructuring plan that started more than a year ago. Most of the reductions …

United Airlines said Wednesday it is preparing to furlough 16,370 workers on Oct. 1 as the coronavirus pandemic continues to devastate the airline industry. Chicago-based United had over 90,000 employees before the pandemic brought the industry to a near standstill in March and had warned in July that 36,000 jobs were at risk of involuntary …