Coronavirus Unemployment: Huge Jump in Bay Area Layoff Plans Include S.F. Giants

Overview

• The Bay Area has seen a significant increase in layoff plans due to coronavirus-linked lockdowns.
• Over 50,000 job losses have been reported.
• Major employers affected include the San Francisco Giants and Nieman Marcus.

Key Points

• San Francisco Giants: The baseball club is idled, contributing to the job losses.
• Retail Sector: Nieman Marcus, a well-known retailer, is also planning layoffs.
• State Notifications: Layoff notices have been pouring into the state, indicating a widespread impact.

Comments

• Public comments reflect confusion and acceptance of the situation. Some view the layoffs as an expected market correction post-pandemic.

Additional Information

• The article was authored by George Avalos, reported 1 day ago from the current timestamp.

Related Topics

• Employment Development Department
• San Francisco Giants
• Oracle Park

This information is summarized from a news article discussing the impact of the coronavirus pandemic on employment in the Bay Area, specifically highlighting the involvement of large employers like the San Francisco Giants in the layoff increases.