The decision, intended to slow a second wave of coronavirus cases, is a blow to the struggling restaurant industry. Source: New York Times
Posts published in “Layoffs and Job Reductions”
They Were Worried About Finances. This Is How They Got Help.
By Gotham Rex on November 26, 2020
“I have never seen this much anxiety and fear about money,” one financial counselor said. Source: New York Times
Pandemic’s Fiscal Toll on New York City: 5 Takeaways
By Gotham Rex on November 24, 2020
The city is already facing a nearly $4 billion budget gap next year, as recovery efforts from the coronavirus are hampered by evidence of a second wave. Source: New York Times
Why N.Y.C.’s Economic Recovery May Lag the Rest of the Country’s
By Gotham Rex on October 26, 2020
More than one million residents are out of work, and the unemployment rate is nearly double the national average. Source: New York Times
Amtrak Warns of Layoffs and Project Delays Without Billions in Assistance
By Gotham Rex on October 21, 2020
The chief executive urged senators to pass legislation that includes more than $2 billion in emergency funding for the rail agency. Source: New York Times
How New Yorkers Found Resolve After 6 Months of Pandemic Hardship
By Gotham Rex on September 23, 2020
It is not a tale of triumph. Fear persists about what lies ahead. But small transformations have unfolded that reveal the grit and gifts of the city’s people. Source: New York Times
Pandemic Puts N.Y.C. Hotels on the Brink: ‘A Complete Washout’
By Gotham Rex on September 21, 2020
Several big hotels in the city have announced that they are closed for good, and some experts say that more shutdowns are coming. Source: New York Times
Guggenheim Cuts Staff by 11 Percent Ahead of Reopening
By Gotham Rex on September 16, 2020
The museum announced Wednesday that 24 employees would be laid off and that eight others have taken voluntary separation agreements. Source: New York Times
NYC Mayor to Furlough 495 Staff Members for a Week, Including Himself
By Gotham Rex on September 16, 2020
The symbolic move, which would yield $860,000 in anticipated savings, could be a precursor to similar maneuvers to slash the budget. Source: New York Times
As Summer Wanes, New Yorkers Worry About Covid Comeback in the Fall
By Gotham Rex on August 26, 2020
The coronavirus has retreated in New York, but the rituals of September are disrupted, and a sense of foreboding remains about a possible second wave. Source: New York Times
Unemployment Is Rampant. So This Theater Is Giving Freelancers Money.
By Gotham Rex on August 24, 2020
Several hundred workers are receiving $1,000 relief payments from the Public Theater. Source: New York Times
New York's Private Commuter Bus Companies Are Worried About the Future
By Gotham Rex on August 18, 2020
One company has suspended all operations for the first time in 150 years. Others have drastically reduced service and are pleading for financial help from the federal government. Source: New York Times
Big New Obstacle for Economic Recovery: Child Care Crisis
By Gotham Rex on July 10, 2020
The decision to only reopen New York City’s public schools part time in September illustrates the looming threat to businesses. Source: New York Times
A Million Jobs Lost: A ‘Heart Attack’ for the N.Y.C. Economy
By Gotham Rex on July 7, 2020
While the national jobless rate has rebounded as many states started to reopen, New Yorkers continue to lose jobs and seek benefits. Source: New York Times
De Blasio and Council, Facing Fiscal Crisis Over Virus, Agree on Budget With Big Cuts
By Gotham Rex on June 30, 2020
The mayor and City Council pared $1 billion in funding for the Police Department, but nearly half of that would come from budgetary sleight of hand. Source: New York Times