List of major company layoffs due to the coronavirus


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.

norwegian air

Norwegian aircrafts.

Johan Nilsson/TT via AP


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%.

Arne Sorenson - Marriott CEO

Arne Sorenson at a meeting with President Donald Trump discussing the economic response to the coronavirus outbreak on March 17, 2020.

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.

The W Hollywood

The W Hollywood.

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.

Danny Meyer

Danny Meyer opened his first restaurant, Union Square Cafe, in 1985 at age 27, and went on to found Shake Shack, which is not currently part of the USHG portfolio.

AP Photo


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.

Metropolitan Opera, Lincoln Center

The Metropolitan Opera in Lincoln Center at dusk.

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.

Cirque du Soleil

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

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.

Air Canada

An Air Canada aircraft.

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.

Mar a Lago

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.

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.

General Electric GE Aviation

The logo of General Electric is shown at its subsidiary company GE Aviation in Santa Ana, California on April 13, 2016.

Mike Blake/Reuters


Source: GE, Wall Street Journal



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