Senators Push for Clarity on Payroll Support After Airlines Threaten Cuts
The lawmakers say that airlines that are involuntarily cutting workers’ hours may be violating the terms of federal coronavirus aid.
Morgan Stanley Prepares for 2020 With Job Cuts
The bank is laying off about 2% of its workforce in a move that reflects its concerns over the economic outlook.
U.S. Layoffs Jump, But Payrolls Expected to Grow
The unemployment rate remains at historically low levels amid the mixed labor numbers.
GE Slims Down Further With Power Layoffs
The 12,000 job cuts are "painful but necessary for GE Power to respond to the disruption in the power market."