A cooling job market is impacting millions of workers nationwide.

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After the coronavirus lockdowns forced it to shut down its 345 U.S. theaters, Texas-based Cinemark in April decided to do what a lot of companies have done: borrow money by selling bonds. The sale was made easier by the fact that the Federal Reserve was lending out trillions of dollars to businesses and governments, providing a much-needed boost to the corporate debt market in an effort to prop up the economy. Even as it was borrowing money, Cinemark also announced a number of steps "to endure a prolonged period of no revenue." They included laying off 17,500 workers with no guarantee when they'll be rehired. During the current crisis, the Fed, which began a two-day meeting on Tuesday, has pulled out all the stops to keep the economy afloat, lowering interest rates to zero and starting a series of unprecedented and historic new lending facilities practically overnight. "It has taken what were already extraordinary, exceptional, unusual, unconventional tools and has expanded them even

Carlos Ugalde, founder of House of Chingasos, didn't know anything about digital marketing — but he dove in anyway.

HDFC Bank says “minuscule” number of employees told to leave as part of annual appraisal process

Supermarket giants Coles and Woolworths were the first to flag offers for staff members being made redundant during the coronavirus pandemic.

Almost 90,000 Australians lost their jobs on Monday as the government moved to shut all pubs, bars, cinemas and gyms in a bid to slow the spread of COVID-19.

As a result of the ongoing COVID-19 pandemic, Prairie Meadows is facing unprecedented times and remains temporarily closed. This week, layoffs began for approximately 1,130 employees, and the live race meet, scheduled to begin May 1, has been delayed. “Our focus is to reopen as quickly and as safely as possible,” said Gary Palmer, President and […]

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The FCC is granting a blanket waiver to broadcasters of the Equal Employment Opportunity (EEO) requirement that mandates broad recruitment outreach for all open full-time positions when the … more

Workers were organizing with Teamsters Local 814 in the hopes of starting a union to address simmering concerns over pay and inconsistent hours.

The University of Manitoba is laying off dozens of employees as it tries to find savings at a time when post-secondary schools have largely been closed since COVID-19 emerged on the Prairies, a union says.

A train killed 14 migrant workers who had fallen asleep on the track in India on Friday while they were heading back to their home village after losing their jobs amid the coronavirus lockdown, police said.

The Covid-19 pandemic has dealt a severe blow to the already grounded and insolvent Jet Airways. About 40 people who were a part of Jet’s asset preservation team were let go earlier this week.

Saif Ali Khan opens up about his experince getting kicked off of his debut film back in 1992

Donald Trump has defended his company's decision to temporarily lay off more than 150 workers at his private Mar-a-Lago club.

It's SG growth & marketing director, Sarah Tan, will take over the reins as interim general manager.

The post Deliveroo’s Singapore GM departs, one quarter of employees in city-state laid off appeared first on DealStreetAsia.

The time to start a cleaning company is now.

ReutersThe Labor Department reported on Thursday that 5.2 million Americans filed for unemployment insurance in the week that ended April 11.More than 22 million jobless claims were filed over the last four weeks, setting a record for that period of time. Still, more than 47 million Americans could lose their jobs in the second quarter as a result of the novel coronavirus pandemic, according to the Federal Reserve Bank of St. Louis.If you were recently laid off or furloughed, or suspect you may be soon, here's what human resources and retirement experts want you to know. For example, you should know where to access your state's unemployment application and make sure to ask your employer about health insurance benefits. Visit Business Insider's homepage for more stories.Mass layoffs and furloughs

The beleaguered carrier has reportedly asked staff to sign contracts that would allow the airline to fire them without negotiation. It has also warned it could withdraw from major UK airports.