Company layoffs thread 2020/coronavirus recession layoffs

[snoww]

4 minutes ago, nightkalalu said:

In Washington Square Park, the virus couldn’t slow down chess players such as Sarfaraz Ahmed. “How long are you going to be in prison in your own house?” he asked. “I’ll take my chances.”

https://www.google.com/amp/s/nypost.com/2020/03/21/coronavirus-cases-continue-to-rise-in-new-york-and-throughout-us/amp/

 

ila cheste ny will become italy in 2 weeks

Youth AT&T care virus ni. Valla thinking , only old people dying. Others recovering in 2 weeks.  Why waste time sitting at home from now itself. 

[Iriswest]

1 hour ago, Catabolite said:

It depends on what you're doing though. Both me and P2 are in non-IT. We just hired someone at my work (she will probably remotely start during the shut down). P2 is also in non-IT, he recently switched jobs. WFH is not easy when you're in non-IT, but you just have to make it work. 

Nuvvu Illinois kada bhayya

[Aryaa]

It’s obvious.  Layoffs will happen 

last recession only house related started. But this every sector is ducked 

[Catabolite]

12 minutes ago, Iriswest said:

Nuvvu Illinois kada bhayya

No

[Trending08]

Guys.. just relax and think practically..if everything is shut down for atleast 4 more weeks.. ripple effect will be for sure.. coz. Most of the daily workers  and small businesses will Be out of cash and run in deficits and govt won’t have tax money to continue existing projects too..and people expenses will come to a hault..

for:: example..

I have one of my friend working to a dental related small software entity.. which layed off all cntrctrs saying that due to covid from last 1-2 weeks.. they had very less aptmnts ..nd revenue impacted and anther wrking for retail also lost due to similar situation in Illinois 

[Tellugodu]

4 minutes ago, Trending08 said:

Guys.. just relax and think practically..if everything is shut down for atleast 4 more weeks.. ripple effect will be for sure.. coz. Most of the daily workers  and small businesses will Be out of cash and run in deficits and govt won’t have tax money to continue existing projects too..and people expenses will come to a hault..

for:: example..

I have one of my friend working to a dental related small software entity.. which layed off all cntrctrs saying that due to covid from last 1-2 weeks.. they had very less aptmnts ..nd revenue impacted and anther wrking for retail also lost due to similar situation in Illinois 

Why can’t US govt cut some defense budget to support the people effected with Covid-19 ? 

[ARYA]

 

[Trending08]

1 minute ago, Tellugodu said:

Why can’t US govt cut some defense budget to support the people effected with Covid-19 ? 

Defense.. they won’t cut ..coz it’s necessity in case for any unavoidable situation., for example  defense also helping with its supplies for covid19

[Catabolite]

35 minutes ago, Tellugodu said:

Why can’t US govt cut some defense budget to support the people effected with Covid-19 ? 

Not possible in a Republican Government. A lot of medical research is funded and done by defense labs. NIH will also see an increase in funding. 

[JambaKrantu]

Layoffs em levu so far.. naku telsina only layoffs expedia.

delta and united furloughed some contractors, did not lay them off.. some companies are asking to take 20% pay cut.. that’s it

[Trending08]

15 minutes ago, JambaKrantu said:

Layoffs em levu so far.. naku telsina only layoffs expedia.

delta and united furloughed some contractors, did not lay them off.. some companies are asking to take 20% pay cut.. that’s it

They’ve strted already dude.. you might not be aware as I told in my above thread..

[karna11]

7 hours ago, chittimallu_14 said:

Yeah I dont know about delta... just what I heard.. I can only confirm about SW because like I said a friend of mine works there

Delta news is confirmed, one of my friend got effected from 800 number

[AverageDesiGuy]

800 feels like to far fetched, Layoffs are sure, depending on the business type it might be around 10- 30%. I heard from my product owner that Management is having lot of meetings to assess the situation (stock took around 40$ beating). 

[acuman]

6 hours ago, Trending08 said:

They’ve strted already dude.. you might not be aware as I told in my above thread..

https://www.cnbc.com/2020/03/22/coronavirus-airlines-urge-congress-for-grants-to-fight-impact.html

[AndhraneedSCS]

Marriott intends to furlough about two-thirds of its 4,000 corporate employees at its headquarters in Bethesda, Md., as well as two-thirds of its corporate staff abroad (expected to last 60 to 90 days).