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Southwest Airlines CEO Gary Kelly told employees on Monday it needs a dramatic jump in passenger demand or it will be forced to take new steps to reduce staffing. Employees face a Wednesday deadline whether to participate in a voluntary incentive program to leave the airline. “Although furloughs and layoffs remain our very last resort, …
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Harley-Davidson will cut 140 jobs in the US following its decision to adjust production volumes, a company representative told Reuters. The layoffs will affect 90 production workers at Harley’s York facility in Pennsylvania and 50 at its Tomahawk facility in Wisconsin. More On: harley-davidson Harley-Davidson cuts 500 jobs in latest round of layoffs Harley-Davidson to …
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Macy’s said it will axe 3,900 corporate employees on Thursday as it struggles to recover from coronavirus lockdowns nationwide. The department-store giant said it has also eliminated an undisclosed number of store employees, who may be rehired as the company’s sales recover. Many furloughed workers will be asked to return to their jobs starting in …
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We have a date. A few, in fact. Whether the NHL is going to be able to keep them is essentially up to the virus. The Post has learned that the Stanley Cup tournament’s qualifying rounds are scheduled to begin on July 30 in hub cities that will be selected “within the next week or …
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The 24 Hour Fitness gym chain recently laid off workers over the phone as it grappled with the coronavirus crisis. The California-based company told employees their jobs were being cut on Wednesday morning phone calls, according to the Wall Street Journal. The invitation to the calls promised “important company updates” but they gave no details …
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Canadian plane and train maker Bombardier Inc said on Friday it would cut 2,500 jobs, or about 11 percent of the workforce at its aviation unit, as the coronavirus pandemic’s crushing impact on the air industry adds to its long list of problems. The aviation industry has been among the worst hit by the pandemic, …
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Quibi, the new start-up from Hollywood mogul Jeffrey Katzenberg, is in cutting mode already. Just a month after it launched on April 6, the mobile streaming service is asking senior executives to take a 10-percent pay cut as coronavirus lockdowns have squelched demand for its short-form videos, which are aimed at people on the go. …
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Subway Restaurants’ Milford, Conn., headquarters received a package with a powdery substance on Thursday that’s being investigated by the local police and the Federal Bureau of Investigation, The Post has learned. The police and Subway executives believe the package could have been sent by a recently laid-off Subway employee, Milford police officer Maralisa Anania told …
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Sonic Automotive, which operates 95 US car dealerships, started laying off and furloughing about a third of its workforce as the coronavirus pandemic crushed its sales. Then, it changed its executives’ pay packages — handing them a multimillion-dollar windfall. On April 10, Sonic’s board gave its top executives stock options to replace performance-based share awards, …
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ViacomCBS is slashing an additional 400 jobs as the broadcasting giant continues to search for cost savings from last year’s merger of CBS and Viacom even as it struggles to shore up losses from the coronavirus pandemic. The layoffs, which kicked off this week, primarily took place at CBS’ entertainment, news, studio, sports and local …