Carl Adrian17 May, 2020
With the pandemic continuing to rage on in the US, the economic slow-down has started taking a toll on businesses across the country.
In just a month since lock-downs were initiated, these 20 companies alone have laid off/furloughed over 130 thousand workers in a desperate attempt to reduce operating costs.
Below are some of them and their laid off numbers:
Total Above: 132020 people
Earlier this month, the U.S. Bureau of Labor Statistics reported that over 20.5 million jobs have been wiped out as of April 2020, bringing the total unemployment rate to 14.7%.
To date, over 1.5 million cases have been reported in the U.S., with the death-toll rising close to 100k people.