UPDATE: COVID-19 Has Claimed Over 3K Jobs So Far
COVID-19 HAS CAUSED EMPLOYERS TO ANNOUNCE 3,634 JOB CUTS
More announcements in Entertainment/Leisure have pushed job cuts due to the COVID-19 outbreak to 3,634, according to global outplacement and executive and business coaching firm Challenger, Gray & Christmas, Inc.
"We are certainly beginning to see the cracks in the foundation. Slowing demand, brought on by the need for Americans to practice social distancing, is going to very likely immediately hurt those who work in at the nation's hotels, restaurants, and bars," said Andrew Challenger, Senior VP of Challenger, Gray & Christmas, Inc.