Coronavirus: 3,000 U.S. Jobs Already Publicly Cut, 9 Million More Threatened as Restaurants Close
Outplacement firm Challenger, Gray & Christmas Inc. reported that coronavirus-related job cuts reached 3,634, with an additional 9 million jobs threatened in the leisure and hospitality sector.
In Challenger’s Job Cuts Report, which tracks publicly announced job cuts through company announcements, media reports, and SEC filings, did not include layoffs from bars and restaurants that were shut down across 13 states.
"We are certainly beginning to see the cracks in the foundation. Slowing demand, brought on by the need for Americans to practice social distancing..."
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