layoffs
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LAPD Layoffs Being Considered in Los Angeles’ Budget Proposal
The ongoing pandemic has affected all aspects of American life, with the virus taking a financial toll on people, businesses, and even whole-ass cities. Los Angeles, which is currently in the midst of a financial crisis as a result of the pandemic, is considering laying off police officers to help solve its financial woes. “Layoff…
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Company Linked to Jay-Z's TIDAL Reportedly Received PPP Loan Before TIDAL Laid Off 15 Furloughed Employees
Malibu Entertainment, a company linked to TIDAL reportedly applied for and received a Paycheck Protection Program (PPP) loan—money set aside in the CARES Act to help small businesses affected by the pandemic—for about $2.1 million, according to a source via Variety. The company was apparently among the businesses that applied for the loans, which were…
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Homeless Crisis in Los Angeles Highlights the Fall of the Black Middle Class
Blacks make up just 9 percent of Los Angeles County’s population overall, but comprise 40 percent of the area’s homeless, pushed to the margins by decades of redlining, layoffs, mass incarceration and gentrification. Among the homeless population, two-thirds live outside, some in whole tent communities filled with close-knit bands of men and women, according to…
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Layoffs Looming as No One Wants to Stay at Trump’s NYC Hotel
Since he won the election and became arguably one of the most scandal-ridden presidents since Richard Nixon, room rates are falling at Donald Trump’s five-star SoHo hotel in New York City, and up to 15 percent of the housekeeping staff may lose their jobs. According to radio station WNYC, which combed the hotel’s financial documents,…
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Layoffs Weren’t Invented Yesterday
ESPN laid off about 100 people Wednesday, in what seemed like the end of the world, if you followed the news unfolding on social media. These 100 people, who probably had over-six-figure salaries, were on-air commentators with huge followings and probably even bigger severances. Sure, it’s horrible when one loses a job he or she…
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Massive Layoffs at ESPN; 100 on-Air Employees to Get Axe
ESPN has announced that it is expecting to cut more than 100 on-air employees. It had been widely reported that cuts were looming for the sports giant. Initial news reports had speculated that only some 40-50 folks would be searching for new jobs, but the actual news is much more grim. All of the 100…