India  
 
NewsR.in

You're Fired: The Trump Organization Lays Off, Furloughs 1,500 Workers

Video Credit: Wochit - Duration: 00:43s - Published
You're Fired: The Trump Organization Lays Off, Furloughs 1,500 Workers

You're Fired: The Trump Organization Lays Off, Furloughs 1,500 Workers

Business Insider reports President Donald Trump's eponymous business empire has laid off or furloughed around 1,500 employees.

The move comes as a result of closures related to the novel coronavirus COVID-19 pandemic.

Other major hotel chains, like Marriott International, have announced similar layoffs and furloughs.

The Trump Organization reportedly contacted Deutsche Bank to ask if it could defer payments on outstanding loans.

Trump previously admitted his businesses have suffered as a result of COVID-19.

He said he was unsure if the company would take government bailout assistance.


You Might Like


Related videos from verified sources

Here’s The Latest On Coronavirus Today 28/04/2020 [Video]

Here’s The Latest On Coronavirus Today 28/04/2020

The UK will hold a minute of silence to honour key workers who have died and the government is also offering £60,000 to families of healthcare workers who lost their lives, a move that comes as calls..

Credit: HuffPost UK STUDIO     Duration: 03:01Published
Watch: Here’s The Latest On Coronavirus Today [Video]

Watch: Here’s The Latest On Coronavirus Today

Human vaccine trials are set to start in the UK as the government allocated over £40 million in funding towards vaccine research and testing. Captain Tom Moore received a standing ovation, as he..

Credit: HuffPost UK STUDIO     Duration: 02:54Published
Lady Gaga Zoom Chat Discuss Coronavirus Benefit Concert [Video]

Lady Gaga Zoom Chat Discuss Coronavirus Benefit Concert

WHO/Zoom Lady Gaga is co-curating an online benefit concert for healthcare workers and local charities around the globe, in partnership with Global Citizen, and the World Health Organization. She..

Credit: Wochit     Duration: 00:37Published