With many of its live entertainment shows gone dark because of the coronavirus, Walt Disney World on Wednesday laid off 720 actors and singers, according to Actors’ Equity Association, the labor union representing the performers. Only 60 Equity performers are working or returning to work at the Orlando, Florida-based theme park resort, the union said […]
Squeezed by limits on attendance at its theme parks and other restrictions due to the pandemic, The Walt Disney Co. said Tuesday it planned to lay off 28,000 workers in its parks division in California and Florida. Two-thirds of the planned layoffs involve part-time workers but they ranged from salaried employees to hourly workers, Disney […]
Hilton Hotels is laying off 2,100 employees, or roughly 22% of its corporate workforce, as the lingering effects of coronavirus continue to depress demand for leisure and corporate travel. The hotel chain is also extending the existing furloughs for many of its corporate staff for an additional 90 days. Hilton announced the initial furloughs, as well as […]
Who would want to lose their job in the middle of the worst job market since the Great Depression? Believe it or not, thousands of people would. More than 10,000 people have already accepted buyout offers to leave their companies, despite unemployment being at the highest level of their lifetimes. And with more employers putting similar offers on the table, […]
Lee Health said it will begin offering voluntary buyouts and voluntary leave for employees due to the financial impacts of the coronavirus pandemic. The health system is Lee County’s largest employer with 14,500 people, and nearly all of them will be offered a voluntary buyout or a voluntary “summer sabbatical.” The buyout will include a […]
Boeing Co. said Monday that it will temporarily stop producing its grounded 737 Max jet starting in January as it struggles to get approval from regulators to put the plane back in the air. The Chicago-based company said production would halt at its plant with 12,000 employees in Renton, Washington, near Seattle. But it said […]