Mayor Lori Lightfoot Proposes Property Tax Hike, Gas Tax Increase, Layoffs, Other Job Cuts To Close $1.2 Billion GapWith no financial help on the horizon from Congress or the state, the mayor said the city must rely on making "shared sacrifices" to address the economic crisis created by the pandemic.
Allstate To Lay Off 3,800 EmployeesNorthbrook-based Allstate announced Wednesday that it will be laying off 3,800 employees – or 7.5 percent of its workforce – as part of a restructuring plan.
Unfriendly Skies: Airline Workers Brace For Mass Layoffs“No one knows what’s going to come next and how to prepare."
Ahead Of Labor Day, More Layoffs May Be On The Way"COVID-19 has changed the revenue models for these organizations they're not operating as heavily in some of their highest revenue producing products or services," Challenger said. "And that's causing medical industry companies to have to change some of their personnel."
Hollywood Casino Set To Lay Off 256 People From Aurora And Joliet Locations Effective In SeptemberHollywood Casino is planning to lay off 256 people from its locations in Aurora and Joliet in September, according to a state report.
United Airlines Announces Furloughs Affecting 36,000 Employees"This is a big deal both for Chicago and the airline industry."
United Airlines Warns 36,000 Employees Of Possible Furloughs, Layoffs This FallThe Wednesday announcement paints a grim picture for an air travel recovery only days after United announced it would ramp up its schedule in August.
Macy's Announces Management And Other Staff LayoffsRetailing giant Macy's announced staff reductions today that will affect management and workers across various levels of its organization.
Shedd Aquarium Cuts 36 Jobs, Furloughs Another 171 Employees“The decision to terminate employees through no fault of their own was both gut-wrenching and yet necessary to ensure the long-term viability of the aquarium."
Hyatt Hotels Laying Off 350 Chicago Workers Not Long After Giving Free Vacations To NYC Hospital StaffHyatt Hotels are laying off 350 workers in Chicago alone, all while passing out thousands of free vacations to essential workers in New York City.
9,000+ Layoffs Last Month In Illinois; National Jobs Report Worst In HistoryEconomists predict Friday's April National Jobs Report will be the single worst in history.