Coronavirus Jobs Survey: 49% of Companies Considering Layoffs

Nearly 50% of companies say they are at least somewhat likely to conduct layoffs over the next three months due to coronavirus COVID-19, while more than one-third of firms (37%) say they already have instituted a hiring freeze. This comes on the heels of a Federal Reserve estimate that stated that the coronavirus economic freeze could cost 47 million jobs and send the unemployment rate past 32%.

https://www.cnbc.com/2020/03/30/coronavirus-jobs-survey-49percent-of-companies-considering-layoffs.html