layoffs News

Why the Coronavirus Recession Is Not Like the Last Recession

Judith Ramirez received a letter this month that she’d been dreading: The Honolulu hotel that furloughed her from a housekeeping job in March, during the lockdown triggered by the coronavirus pandemic, made her layoff permanent. Ramirez, 40, was originally told …

Hundreds of North Carolina Transportation Workers to be Laid Off

North Carolina’s Transportation Department says it’ll lay off hundreds of workers to help cover the ballooning cost of storm damage repairs and legal expenses. News outlets report that layoffs will include contractual and temporary laborers such as those who patch …

16 Laid Off at Oklahoma Workers’ Comp Commission

Oklahoma’s Workers’ Compensation Commission has laid off 16 employees as the organization transitions from a court-based system to an administrative one. Commission Executive Director Rick Farmer confirmed the layoffs but declined to identify the employees. The July 9 layoffs bring …

Genworth Financial Cuts About 80 Positions at Virginia Offices

Genworth Financial Inc. has cut nearly 80 positions at two Virginia operations. The move comes days after the Richmond-based company’s chairman and CEO, Michael D. Fraizer, resigned. Genworth spokesman Tom Topinka told the Richmond Times-Dispatch that the cuts were fewer …

Chartis to Trim Workforce

American International Group said its property/casualty carrier Chartis will eliminate some jobs, with the reduction affecting less than 1 percent of its workforce, or roughly 400 or fewer positions. “As part of Chartis’ review of its personnel needs, we have …