job cuts

Financial impact of COVID-19
Dina Damotseva/Getty Images
Mark Abrams
June 18, 2020 - 1:13 pm
Philadelphia-area hospitals may soon be forced to furlough hundreds of staff and drastically cut services due to the financial blow from COVID-19. Read more here.
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Travelers at Philadelphia International Airport
Hadas Kuznits/KYW Newsradio
Mark Abrams
March 24, 2020 - 10:32 am
Airlines are seeing a lot of cancellations during the coronavirus restrictions. And now, there's a report that a halt on all commercial air travel might be coming. Read more here.
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British labor union Unite has expressed dismay over reports that the bank HSBC will slash 10,000 jobs worldwide.
Kirsty Wigglesworth/AP Photo, file
AP News
October 07, 2019 - 10:54 am
British labor union Unite has expressed dismay over reports that the bank HSBC will slash 10,000 jobs worldwide.
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Refinery fire
Eduardo Munoz Alvarez/Getty Images
Kim Glovas
July 02, 2019 - 5:22 pm
PHILADELPHIA (KYW Newsradio) — Oil workers held a meeting Tuesday with more than a dozen state and federal lawmakers to discuss what's next for the Philadelphia Energy Solutions refinery. Unionized workers have not yet been furloughed, but they're concerned about their futures. At a meeting at...
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Ford
David Zalubowski/AP, file
May 20, 2019 - 11:04 am
DETROIT (AP) — Ford is cutting about 7,000 white-collar jobs, which would make up 10% of its global workforce. The company has said it was undertaking a major restructuring, and on Monday said that it will have trimmed thousands of jobs by August. The company said that the plan will save about $600...
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In this Jan. 9, 2019, file photo, Tesla CEO Elon Musk speaks during a meeting with Chinese Premier Li Keqiang at the Zhongnanhai leadership compound in Beijing.
Mark Schiefelbein/AP Photo, Pool, File
January 18, 2019 - 10:04 am
By The Associated Press Tesla will cut 7 percent of its workforce as it tries to lower prices and break out of the niche-car market to produce an electric vehicle that more people can afford. Tesla's cheapest model right now is the $44,000 Model 3, and it needs to broaden its customer base to...
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