Watch 7:03
Work-share programs help some businesses avoid layoffs
More than 38 million Americans have filed for unemployment since March, though the passage of the CARES Act has for now helped alleviate some of the financial fallout. But buried in the landmark legislation, there is also financial support for…
3 million more U.S. layoffs intensify fears of lasting damage
Nearly 3 million laid-off workers applied for U.S. unemployment benefits last week as the viral outbreak led more companies to slash jobs even though most states have begun to let some businesses reopen under certain restrictions.
Watch 4:24
‘This isn’t a red or blue issue.’ Workers on political battle over state, city funding
Congress is divided over whether the next coronavirus relief bill should fund cities and states reeling from the economic impact of the pandemic. Democrats and some Republicans cite governors and mayors who say aid is needed to stave off additional…
BBC to cut an estimated 450 jobs in ‘modernization’ plan
Like traditional news outlets throughout the world, the publicly funded BBC faces financial and political pressure in a fast-changing media landscape.
In a major restructuring plan designed to save about $600 million per year, Ford said will trim thousands of jobs by August.
Layoffs at established newspaper chains and digital upstarts alike reflect the difficulty of the news business. The closing of local newsrooms can create "news deserts," areas with limited access to news outlets. Judy Woodruff talks to Steve Cavendish, editor of…
General Motors has announced it is cutting its workforce by 14,000 employees, closing several plants in North America and eliminating at least five passenger car models. The corporate overhaul, which represents the company's biggest shakeup since it faced bankruptcy a…
In our news wrap Wednesday, Turkey announced plans to release nearly 40,000 prison inmates to clear space for a similar number detained over last month’s coup attempt. Depending on their remaining sentences, prisoners may qualify for early release, although the…
In our news wrap Thursday, President Obama advised Russian President Vladimir Putin to avoid further sanctions, a day after new measures to punish Moscow’s support of Ukrainian rebels. Putin said the sanctions will push U.S.-Russia relations to a “dead end,”…
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