New Covid-19 layoffs make job cuts permanent


A new wave of layoffs is sweeping the United States as several large companies reassess staffing plans and settle into a long period of uncertainty.

MGM Resorts International and Stanley Black & Decker Inc. recently told some employees on leave at the start of the coronavirus pandemic that they would not be put back on the payroll. And the companies that bring back the majority of workers on leave, including Yelp Inc. and Cheesecake Factory Inc., are making cuts as they adjust to the new reality that many coronaviruses …


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