Furlough

Poll: Almost Half Of Those Laid Off Doubt Jobs Will Return
Poll: Almost Half Of Those Laid Off Doubt Jobs Will Return
August 03, 2020  |  Economy

Almost half of furloughed workers in the U.S. don’t believe their jobs are coming back, according to a report from CNBC citing a poll from...

READ MORE >
Why Larger Firms May Soon Face The Same (Cash) Pressures As Main Street SMBs
Why Larger Firms May Soon Face The Same (Cash) Pressures As Main Street SMBs
May 11, 2020  |  Loans

The conventional wisdom may be that larger firms — especially public ones — are able to weather the economic storm more adroitly than smaller brethren....

READ MORE >
CVS Teams With Companies To Hire 50,000 Displaced Workers
CVS Teams With Companies To Hire 50,000 Displaced Workers
April 15, 2020  |  Coronavirus

CVS is making strides to help re-employ the huge chunks of U.S. workers left jobless as the coronavirus shut everything down, and it intends to...

READ MORE >
Dick’s Sporting Goods Puts Staffers On Leave Amid COVID-19
Dick’s Sporting Goods Puts Staffers On Leave Amid COVID-19
April 08, 2020  |  Retail

Amid the coronavirus pandemic, Dick’s Sporting Goods is putting many of its approximately 40,000 staffers on leave, but affected team members will keep receiving benefits. The sporting...

READ MORE >
Extra Federal Benefits Ease Layoff Decisions For Employers
Extra Federal Benefits Ease Layoff Decisions For Employers
April 07, 2020  |  Coronavirus

Some employers are breathing a sigh of relief, noting that their laid-off workers are much better off financially amid the economic dive of the COVID-19...

READ MORE >
Today In Payments: Apple Eases Streaming App Commissions; Softbank Abandons WeWork Deal
Today In Payments: Apple Eases Streaming App Commissions; Softbank Abandons WeWork Deal
April 02, 2020  |  News

In today’s top news, Apple will end its practice of taking a commission from streaming platforms operating on its devices, and Softbank pulled out of...

READ MORE >
Neiman Marcus To Stay Closed Through April 30; Lays Off Workers
Neiman Marcus To Stay Closed Through April 30; Lays Off Workers
March 30, 2020  |  Retail

After closing its stores earlier this month because of the coronavirus pandemic, luxury fashion retailer Neiman Marcus will now have to furlough some of its...

READ MORE >
IOC Mulls Plan To Delay Tokyo Olympics
IOC Mulls Plan To Delay Tokyo Olympics
March 22, 2020  |  Coronavirus

Here are the latest updates on the coronavirus from around the world. The International Olympic Committee (IOC) and organizers of the 2020 Tokyo Olympics have...

READ MORE >
How PenFed Kept Financial Doors Open During Government Shutdowns
How PenFed Kept Financial Doors Open During Government Shutdowns
March 07, 2019  |  Credit Unions

During the 35-day U.S. government shutdown, federal credit unions had thousands of members without paychecks, with no end in sight. Ricardo Chamorro, EVP at D.C....

READ MORE >