Wall Street Journal: Call It a Layoff, a Furlough or a Cut Shift: Americans are Losing Work

Monday, chief executive Molly Moon Neitzel says she had to lay off 95 people after Washington’s governor closed restaurants across the state. She is transitioning to “contactless takeout” and delivery. “The ripple effects of every decision are just, like, almost overwhelming for me,” she says.

“You’re going to see a massive increase in layoffs,” David Kelly, chief global strategist at JPMorgan Chase & Co.’s asset management arm, said in an interview.

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