Thread: Furlough workers amid virus crisis

[r2d2]

Don’t worry.. we will go at rocket speed from 1st June.. we are doing just fine.. be nice .. Congratulate me .. we are doing a great job .. says @trump

[VictoryTDP]

5 minutes ago, r2d2 said:

Don’t worry.. we will go at rocket speed from 1st June.. we are doing just fine.. be nice .. Congratulate me .. we are doing a great job .. says @trump

Easter Annaru malli April 30 Annaru ippudemo June 1, adho oka date fix avvamanandi

[r2d2]

3 minutes ago, VictoryTDP said:

Easter Annaru malli April 30 Annaru ippudemo June 1, adho oka date fix avvamanandi

Thaatha is very ‘dynamic’ you know....

[tacobell fan]

7 minutes ago, r2d2 said:

Thaatha is very ‘dynamic’ you know....

So as the economy

[tacobell fan]

Company developing Dallas-to-Houston high-speed rail project lays off 28 employees

[tacobell fan]

Sysco lays off, furloughs workers as COVID-19 disrupts operations 

[r2d2]

5 minutes ago, tacobell fan said:

So as the economy

[tacobell fan]

Pipe manufacturing co. laying off hundreds in Houston, elsewhere amid low oil prices

[CH_Desi]

Furlough ante basic ga jeetam evvaru but job join avochchu once things get back to normal antena ?

[tacobell fan]

Just now, CH_Desi said:

Furlough ante basic ga jeetam evvaru but job join avochchu once things get back to normal antena ?

This is much better than lay off. Because you are technically still with company like a unpaid vacation. 

[tacobell fan]

ST. LOUIS — The Post-Dispatch will furlough employees or cut pay in response to a drop in advertising revenue, as newspapers across the country trim costs amid the coronavirus outbreak.

Kevin Mowbray, president and CEO of Post-Dispatch parent company Lee Enterprises Inc., told employees on Tuesday that they would either be furloughed for two weeks in the third quarter, or see their salaries cut by the equivalent — about 4%.

Lee executives he said, will take a 20% pay cut.

 

Mowbray called the recent work at the Post-Dispatch, and other Lee papers, “outstanding,” complimenting reporters and editors for their “passion, hard work and dedication” over the past few weeks.

“No one foresaw the challenges this pandemic would bring but you have all reacted with incredible creativity and resiliency and have managed to deliver your best work under difficult circumstances,” Mowbray wrote in the email.

 

And while digital subscriptions have seen an “uptick,” Mowbray said, advertising revenue has been “dramatically impacted now and for the near future.”

“To ensure our own sustainability, it’s important that we manage the economic impact to our company,” he continued. “The sacrifices we make now will minimize the long-term damage the pandemic could have on our business.”

Jeff Gordon, president of the United Media Guild’s local branch, which represents reporters and advertising reps, said the guild is still in negotiations regarding the furloughs, but sees them as preferable to layoffs, “which both sides wanted to avoid.”

Gordon said the national guild has had similar discussions with other companies, including media giant Gannett.

“The numbers we’ve heard about ad revenue loss are pretty staggering,” Gordon said of the industry.

Gordon also said that the guild is talking with newspaper executives more broadly about digital subscriber drives, federal relief and other initiatives.

[tacobell fan]

Boston Medical Center furloughs 10 percent of its workforce
https://t.co/wvdLl4momz?amp=1

[tacobell fan]

Neiman Marcus Group Inc., which closed all of its stores this month in response to the coronavirus pandemic, is extending the closures and will furlough certain workers in the coming weeks

[tacobell fan]

J.C. Penney furloughs staff, extends store closures amid pandemic

[tacobell fan]

Largest Us Mall Owner, Simon Property, Furloughs 30% of Workforce