Charles Schwab Plans To Lay Off 1,000 Employees Following TD Ameritrade MergerCharles Schwab said Monday that it is laying off 1,000 employees just weeks after completing its acquisition of TD Ameritrade.
California Unemployment Rate Dips To 11%; 96,000 Jobs Added In SeptemberCalifornia has regained more than a third of the 2.6 million nonfarm jobs the most populous state lost to the coronavirus pandemic in March and April, state officials said Friday.
Newsom Vetoes South Bay Lawmaker's Bill Offering Rehiring Protections For Many Laid-Off WorkersGov. Gavin Newsom has vetoed a Bay Area lawmaker's bill that supporters say would have guaranteed many workers laid off because of the pandemic the right to get their jobs back once economic conditions improve.
Now Hiring: Newsom Signs Law Offering Credits To Small Businesses Devastated By PandemicWith millions of people out of work in California, Gov. Gavin Newsom on Wednesday signed a law giving tax breaks to small businesses that hire more workers over the next three months.
Bed, Bath & Beyond Cutting 2,800 Jobs Citing Shift To Online SalesBed Bath & Beyond said Tuesday that it’s cutting 2,800 jobs at its corporate headquarters and stores — about 5% of its overall workforce — as the troubled home goods retailer looks to pivot more of its business online.
California Jobless Rate Improves In July As Economic Struggles In Pandemic ContinueNormally, adding more than 140,000 jobs would be cause for celebration by the standards of the past few decades. But the coronavirus has upended what's normal.
Victoria's Secret, Bath & Body Works Cutting 850 Office JobsThe owner of Victoria’s Secret and Bath & Body Works said Tuesday that it is cutting 850 office jobs, or about 15% of its corporate workforce.
California Job Growth Teetering On COVID-19 Numbers, Federal StimulusCalifornia experienced strong job growth in June, adding more than a half million jobs to the state's economy as the state began to reopen businesses shut down to stem the spread of COVID-19. Still, business leaders worry the gains could be jeopardized by rising numbers of coronavirus cases.
California Added Record 558,000 Jobs Before Latest COVID-19 ClosuresCalifornia added a record 558,000 jobs in June as many more businesses reopened but the gains announced Friday by the state are expected to be short-lived.
United Warns 36,000 Employees Of Potential Furloughs This Fall Due To COVID-19 SlumpUnited Airlines, which has a major hub at San Francisco International Airport, is warning nearly half of its frontline workforce that they could be furloughed this fall.
Levi's Cutting 700 Office Jobs Due To Coronavirus-Related SlumpLevi's said Tuesday that it will cut 700 office jobs, or about 15% of its worldwide corporate workforce.