- Credit Card Delinquencies Have Dropped During COVID-19 Pandemic by MtM. Not a huge surprise at this stage.
- Another Check From the IRS? What to Know About Tax Refund Interest Payments by U.S. News.
- United Airlines Claims India Job Postings Were Error by OMaaT. Sounds like United got caught out. Considering it was raised in the town hall meeting previously and only addressed after getting media coverage.
- MGM Resorts lays off 18,000 previously furloughed employees by CNBC.
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I think a lot of people that would be delinquent were able to pay them with the generous unemployment money…but that’s mostly gone for most…so…
Haha, “generous”, haha, hahahahahahahahahahahahahah.
HO HO HO HO HO.
Hmm, the average income in April-May was about 10% higher than in April-May of last year. So yeah, the handouts were pretty generous, I’d say. Will be interesting to see what happens now, when the handouts will have to be at least trimmed.
There wasn’t a pandemic last year, bud. You gotta look at the big picture and not just the itty bitty details.
mgm layoffs are of employees on furlough so despite what the inaccurate news reports say these folks were already getting unemployment. Still a shame as more casinos will do the same in vegas, changing furloughed employees to layoff. Nevada is the only casino open that allow smoking, so folks take their masks off. Very unsafe especially considering how much easier the virus would spread s people blow their germs in the air
I work (worked) for a casino in Connecticut, hoping to get back before December 1 or I have to reapply as a new employee. 27 years of benefits/ seniority/ pay scale down the drain. Frustrated at myself, I did the same job for so long that my skill set is limited.
Wife worked exact same position as me, hopefully one of us gets back so we can at least get health insurance again.
Hat tip for being able to stay in one position for so long nonetheless. Best wishes to you and your wife, Johnny!
Wouldn’t management strategically not bring you back for exactly the reason that they’d rather not pay you based on your seniority? Seems like the perfect excuse to skirt severance or a lawsuit with “COVID”.
Johnny
Yep, basically. Very limited competent people in my area and if they do that we might go to the competing casino that has always had a bad reputation for its employees. I alone could steal most of the business if I went to the other place. They would be taking a big gamble losing us.
This is why all bailouts should come with equity stakes or warrants. When the companies inevitably violate the terms or spirit of the deal, at least the government will get it’s share of the spoils.
Woh, woh.. hol up. You want some form of actual accountability? Not in my country!
Now that credit card delinquencies have come down, let’s see if these banks will stop closing well-behaved accounts (Capital One), issuing 4506-T’s randomly (Discover and Amex), and being so strict with their applications (US Bank).
Shocking! A company that’s literally dying is trying to save itself by cutting costs.
Are you talking about United Airlines taking billions in taxpayer money and then offshoring jobs to India?
If so, UA is only saving itself for its shareholders and not the Americans who gave them their tax dollars.