Most notably, they gutted the requirement that borrowers who wanted their loans forgiven maintain their prepandemic head counts. And they reduced the percentage of the loan that borrowers seeking forgiveness […]
Layoffs and Job Reductions
Trending topics and news from the Layoffs and Job Reductions category
Back to news homeAs Beijing Takes Control, Chinese Tech Companies Lose Jobs and Hope
The video platform that laid off Mr. Zhao, iQiyi, had an abysmal quarter, losing about $268 million. Its share prices fell by 85 percent from its high in 2021, reflecting […]
Jobless for a Year? Employment Gaps Might Be Less of a Problem Now.
Some employers regard applicants with long periods of unemployment unfavorably, research shows — even if many are reluctant to admit it.The Status of U.S. JobsThe pandemic continues to impact the […]
Volkswagen C.E.O. Herbert Diess Sets Sights on Beating Tesla
WOLFSBURG, Germany — In July, when Herbert Diess, Volkswagen’s chief executive, wanted to congratulate the company for a strong first half of the year, he posted a video of himself […]
American Airlines Cancels Hundreds of Flights This Weekend
American Airlines canceled more than 1,200 flights this weekend, blaming bad weather and staffing shortages for the widespread disruption. The cancellations represented more than 12 percent of the airline’s scheduled […]
The U.K. Prepared for a Jobs Crisis, but Got the Unexpected
So the government doubled its army of so-called work coaches, who help people on unemployment benefits find jobs. It hired 13,500 more coaches, a bigger force than was marshaled after […]
The Work-From-Home Economy and the Urban Job Outlook
Rob Siminoski is back running shows at Universal Studios, a short drive from downtown Los Angeles, but his schedule is uncertain. “Technically I’m back to work, but this week I […]
Europe’s Pandemic Aid Is Winding Down. Is Now the Best Time?
PARIS — After almost 18 months of relying on expensive emergency aid programs to support their economies through the pandemic, governments across Europe are scaling back some of these measures, […]
How to Cope With the End of Unemployment Insurance and Other Covid Safety Nets
Usually, these plans can offer only a limited grace period to use money that you didn’t spend during the regular 12-month period. If you don’t use the money, you forfeit […]
The Coronavirus Pandemic Safety Net Is Coming Apart. Now What?
Distressed homeowners with loans owned by private banks or investors should contact their mortgage servicer to see what options they’re offering — some of them have followed a framework similar […]