• This is a first: The US has 10 million job openings

    (CNN) — It’s a hallmark sign of this strange pandemic labor market: America had a record 10.1 million jobs available in June, as businesses struggled to hire enough staff to support the full reopening of the economy. That mismatch between worker demand and supply has been a defining characteristic of the pandemic recovery. Hiring is rampant across industries, […]

  • Disneyland Announces Cancellation of Annual Passes

    ANAHEIM (CNS) – First, the COVID-19 pandemic forced the closure of the Disneyland Resort. Thursday, it prompted the elimination of a theme park favorite — the Disneyland annual pass. “We want to thank our annual passholders for their understanding during this closure period,” Disneyland Resort President Ken Potrock said in a statement. “Due to the […]

  • Disney Announces Furloughs As Theme Parks Remain Shuttered

    ANAHEIM (CNS) – With Disneyland and California Adventure still shuttered due to the coronavirus pandemic, Disney announced Monday that an undisclosed number of employees at the Anaheim resort will be furloughed. Disneyland President Ken Potrock broke the news Monday in a letter to workers, saying the furloughs will affect “executive, salaried and hourly cast.” “As […]

  • Disney is laying off 28,000 employees

    Disney is laying off 28,000 US employees at its theme parks as the coronavirus pandemic hammers its theme park business. The layoffs will hit the company’s Parks, Experiences and Products, the company said on Tuesday. Disney added that 67% of the employees laid off will be part-time workers. The-CNN-Wire

  • Bed Bath & Beyond is laying off 2,800 employees

    Bed Bath & Beyond is eliminating 2,800 jobs effective immediately, as the troubled retailer tries to streamline its operations and shore up its finances amid the pandemic. The significant reduction of corporate employees and retail workers will help Bed Bath & Beyond save $150 million in annual pretax cost savings, the company said Tuesday. As of […]

  • United reaches a deal with pilots to reduce or eliminate layoffs

    United Airlines and the union representing its 13,000 pilots have reached an agreement that could avoid involuntary job cuts for the group, according to the union. United warned 2,250 pilots earlier this month they are at risk of being furloughed when the federal bailout money available to airlines under the CARES Act runs out on September […]

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