Signature Bank Collapse Sends Shockwaves Through the Broadway Industry
"It’s also one of the two main banks that works with Broadway productions, and so its closure was cause for alarm in the industry." https://www.hollywoodreporter.com/business/business-news/signature-bank-silicon-valley-bank-broadway-1235351450/ — read more
Goldman Sachs again...
Wall Street Layoffs and Salary Cuts
"According to Bloomberg News, Morgan Stanley is set to cut about 2% of its workforce, or nearly 1,600 people. This move will put them next to Barclays Plc, Citigroup Inc. and Goldman Sachs Group Inc. and others that have started making... — read more
Welcome to the downturn
https://www.thelayoff.com/goldman-sachs-group https://www.thelayoff.com/morgan-stanley https://www.thelayoff.com/jpmorgan-chase-and https://www.thelayoff.com/bank-of-new-york-mellon
New York MTA Warns of 40% Subway-Bus Cut, Shedding 9,300 Jobs
New York's Metropolitan Transportation Authority plans to eliminate 9,367 jobs and drastically cut back subway, bus and train services that are vital to... — read more
City and union strike deal to avoid layoffs — Outdoor retail on ...
So far, the city has also reached an agreement with the Uniformed Fire Officers Association to delay retroactive pay in exchange for holding off on layoffs... — read more
LAYOFFS - NYC struggles to come back
See this: Those layoffs are part of a wave of fresh job losses hitting the city as coronavirus cases spike nationally, demonstrating that sustained initial economic... — read more
Mayor - We are running out of options: Pandemic May Result in 22,000 Layoffs in the New York City
Pandemic May Force New York City to Lay Off 22,000 Workers “We are running out of options here,” Mayor Bill de Blasio said, referring to the economic impact of the outbreak. “That is the blunt truth.” Mayor Bill de Blasio and other top... — read more
Teachers kept on payroll
No layoffs for schools, no layoffs for support staff. Still issues with the budget but we'll see what happens.
I hope no layoffs in NYC
Things are good now, people are freaking out less, the economy recovered