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Enterprise Rental Company Lays off More Than 2,000 Employees

Rental car company Enterprise Holdings has laid off more than 2,000 employees, including making some previously announced furloughs permanent.

CLAYTON, MO. (AP) — Rental car company Enterprise Holdings has laid off more 2,000 employees after seeing a dramatic drop in business during the coronavirus pandemic, the state of Missouri reported on its website Wednesday.

The company expected the coronavirus shutdown to last about a month according to a letter sent to the state to warn about the layoffs, The St. Louis Post-Dispatch reported.

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1 hour ago, snoww said:

Ticketmaster North America Furloughs a Quarter of Company’s Employees

Hundreds of staffers will receive health benefits but otherwise lose their salaries starting May 1, as the concert business faces any resumption of live music on a national scale being months away.

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Citing a tremendous drop in revenue from the coronavirus pandemic, Kayak and OpenTable laid off, furloughed or handed out reduced hours to 400 employees, Skift has learned.

Steve Hafner, the CEO of both of these Booking Holdings brands, informed employees of the job cuts in an email Wednesday that Skift obtained. [See the email embedded below.]

“We did everything we could to avoid these steps,” Hafner wrote. “But our revenue has dropped tremendously from the COVID-19 crisis. And despite our hopes for a quick recovery, most experts now predict a prolonged downturn. It’s time to adjust our team accordingly — like so many others in the travel and dining industry.”

Of the 400 employees impacted, 160 are being laid off, and and 240 are subject to furloughs or reduced work hours. These impacted jobs represent around 1.5 percent of Booking Holdings global workforce, and roughly 20-25 percent of the Kayak-OpenTable roster.

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Lime, the largest electric scooter-sharing company in the world, is laying off 14 percent of its workers and exiting 12 markets, according to a report in Axios. The move comes during the winter months, when most scooter companies see a significant dip in ridership, and amid reports about the industry’s struggles to turn a profit.

In a statement posted online, Lime CEO Brad Bao said the company has decided to leave cities where “micromobility has evolved more slowly.” The cities where Lime will be shutting down operations include Atlanta, Phoenix, San Diego, and San Antonio in the US; Linz, Austria in Europe; and Bogotá, Buenos Aires, Montevideo, Lima, Puerto Vallarta, Rio de Janeiro, and São Paulo in Latin America.

The company will also lay off 14 percent of its workforce, or around 100 employees, according to Axios. In his statement, Bao acknowledged that some employees would be leaving the company.

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ma company rundi oka DS poyadu ee company ki 

Just now, snoww said:

Lime, the largest electric scooter-sharing company in the world, is laying off 14 percent of its workers and exiting 12 markets, according to a report in Axios. The move comes during the winter months, when most scooter companies see a significant dip in ridership, and amid reports about the industry’s struggles to turn a profit.

In a statement posted online, Lime CEO Brad Bao said the company has decided to leave cities where “micromobility has evolved more slowly.” The cities where Lime will be shutting down operations include Atlanta, Phoenix, San Diego, and San Antonio in the US; Linz, Austria in Europe; and Bogotá, Buenos Aires, Montevideo, Lima, Puerto Vallarta, Rio de Janeiro, and São Paulo in Latin America.

The company will also lay off 14 percent of its workforce, or around 100 employees, according to Axios. In his statement, Bao acknowledged that some employees would be leaving the company.

 

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