The coronavirus outbreak has already triggered mass layoffs and furloughs. From General Electric to Macy’s, here are 14 major companies that have announced they are downsizing their workforces.

People gather at the entrance for the New York State Department of Labor offices on March 20, which closed to the public due to the coronavirus outbreak in the Brooklyn borough of New York City.

caption
People gather at the entrance for the New York State Department of Labor offices on March 20, which closed to the public due to the coronavirus outbreak in the Brooklyn borough of New York City.
source
Andrew Kelly/Reuters

This is a developing story, check back for updates.


Scandinavian Airlines (SAS) announced that it would temporarily lay off 10,000 employees — 90% of its staff — on March 15. SAS also halted the majority of its flights and is operating with limited service.

caption
An SAS airbus.
source
Nicolas Economou/NurPhoto/Getty

Source: Forbes


Norwegian Airlines announced the temporary layoff of 90% of its workforce on March 16, amounting to 7,300 employees. The airline also canceled 85% of its flights.

Source: Reuters


Marriott International, the world’s largest hotel company, said it has started to furlough what could amount to tens of thousands of employees on March 17. Furloughs, as opposed to layoffs, occur when employees are required to take an unpaid leave of absence. Arne Sorenson, the president and CEO, announced that his own salary will be suspended for the rest of the year and senior executives’ salaries will be reduced by 50%.

caption
Arne Sorenson at a meeting with President Donald Trump discussing the economic response to the coronavirus outbreak on March 17, 2020.
source
Drew Angerer/Getty Images

Source: Wall Street Journal, Business Insider, Business Insider


Pebblebrook Hotel Trust, which owns over 50 hotels in the US including the W in Los Angeles, laid off 50% of its 8,000 employees on March 17. CEO Jon Bortz also told the Los Angeles Times that the company may need to lay off an additional 2,000 employees by the end of the month.

caption
The W Hollywood.
source
Tiffany Rose/Getty Images for Third Street Media Group

Source: Los Angeles Times


Famous restauranteur Danny Meyer’s Union Square Hospitality Group, which owns beloved NYC staples like Gramercy Tavern, laid off 2,000 employees, or 80% of its workforce, on March 18.

Source: Business Insider


New York’s Metropolitan Opera is the largest performing arts organization in the US by budget. On March 19, the Met laid off all of its union employees for the duration of the coronavirus outbreak. The Met also announced the cancellation of all performances through the end of the 2019-2020 season, which was set to end May 9.

caption
The Metropolitan Opera in Lincoln Center at dusk.
source
Siegfried Layda/Getty Images

Source: NPR


Cirque du Soleil announced it is laying off 95% of its 4,679 person staff on March 19, a week after canceling all its upcoming performances. The circus producer kept 259 staffers to plan and sell tickets for future tours.

caption
Artists perform during a dress rehearsal for Quidam, a show by Cirque du Soleil, at the Royal Albert Hall in London January 4, 2014.
source
REUTERS/Luke MacGregor

Source: Cirque du Soleil, Forbes


Air Canada announced it is set to lay off more than 5,100, or 50%, of its flight crew on March 19. Renee Smith-Valade, the airline’s vice president, called the decision “difficult but necessary” in a statement.

caption
An Air Canada aircraft.
source
JOERG KOCH/AFP/Getty Images

Source: CBC


According to the Washington Post, at least 200 workers across President Trump’s hotels in Washington DC, New York City, and Las Vegas were laid off as of March 20. Other Trump properties, like Palm Beach’s Mar-a-Lago, have temporarily closed.

caption
A police boat patrols in front of U.S. President Donald Trump’s Mar-a-Lago estate in Palm Beach, Florida, U.S., February 17, 2019.
source
Kevin Lamarque/Reuters

Source: Washington Post, Business Insider


GE announced that it will be reducing approximately 10% of its aviation unit’s workforce, amounting to about 2,500 employees, on March 23. It also announced a three month furlough impacting 50% of its maintenance and repair employees. GE CEO Larry Culp will forgo his salary for the rest of the year, while GE Aviation CEO David Joyce will give up half of his salary.

caption
The logo of General Electric is shown at its subsidiary company GE Aviation in Santa Ana, California on April 13, 2016.
source
Mike Blake/Reuters

Source: GE, Wall Street Journal


Sonder, a billion-dollar apartment-rental startup billed as a hospitality industry disruptor, laid off or furloughed 400 people — one third of its workforce — on March 24, according to The Information.

caption
A Sonder apartment in New York City.
source
Katie Warren/Business Insider

Source: The Information


ZipRecruiter laid off 443 employees and furloughed dozens more on March 27, days after CEO Ian Siegel said the billion-dollar online job-hub company was safe.

caption
Ian Siegel founded ZipRecruiter in 2010 and serves as the company’s CEO.
source
ZipRecruiter

Source: Business Insider


Everlane, the clothing retailer focused on ethical sourcing, laid off over 200 employees and furloughed 68 others on March 27. CEO Michael Preysman will reduce his salary to zero.

source
Jessica Tyler/Business Insider

Source: Vice


Macy’s CEO Jeff Gennette informed his staff via email that the company would be furloughing most of its 125,000 employees on March 30. The company only plans to have work for “the minimum number of employees necessary to maintain basic business operations” across Macy’s, Bloomingdale’s, and Bluemercury, Gennette wrote. He will stop receiving his salary, along with the rest of the board of directors.

caption
A Mach’s store in New York City.
source
REUTERS/Andrew Kelly

Source: Business Insider, CNN