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NEW YORK (AP) — Professional networking company LinkedIn is laying off nearly 1,000 employees, or approximately 6% of its global workforce, as a slowdown in hiring amid the coronavirus pandemic pressures its business. In a note to employees, CEO Ryan Roslansky said that the positions that will be eliminated are in its global sales and hiring offices. Roslansky said it's the only layoffs LinkedIn is planning. "To continue adapting and accelerating the company as we have been, we need to ensure we are focusing our efforts and resources against our most strategic priorities to set up the company for success today—and well into the future," Roslansky said in the letter. "When we took a hard look at the business, we decided we needed to make some hard calls."Roslansky said 960 roles across their Global Sales and Talent Acquisition organizations would be eliminated.Impacted U.S. employees will receive at least 10 weeks of severance pay and a year of continuing health coverage through COBRA. LinkedIn will also provide immigration support, career transition assistance, and the option to keep company cell phones, laptops, and other recently purchased equipment for departing employees to be able to work from home.Those being laid off will continue in their roles through Aug. 21.LinkedIn is owned by Microsoft. 1328
New Englanders hit by this weekend's nor'easter will barely have time to clean up before another storm could strike this week.While the deadly nor'easter has moved offshore, high tides are expected Sunday on the New England coast."Winds are likely to remain an issue through Monday, during which there's a shot at a coating to 2" of snow late Sunday into Sunday night," the National Weather Service in Boston said in a tweet.The agency said the next nor'easter could strike Wednesday and Thursday, bringing heavy snow, strong winds and high waves to much of southern New England.Latest developments 611

Nestlé's Purina is launching a line of dog and cat foods that'll include insect and plant proteins.In a press release, the company said Purina Beyond Nature's Protein would come in two versions: one based on chicken, pig's liver, and millet, which is a small, round whole grain grown in Asia and Africa. The other will use protein from black soldier fly larvae, chicken, and fava beans."Every ingredient in our food serves a purpose. With our new Beyond Nature's Protein dry pet food, we are offering a complete nutritious alternative to the conventional dog and cat products, while taking care of the planet's precious resources by diversifying the protein sources," Nestlé Purina Petcare EMENA CEO Bernard Meunier said in the news release. "We're constantly looking at ways in which we can source sustainably for the longer-term while still delivering the high-quality nutrition that pets need today and tomorrow."The company said they would first sell the new products in Switzerland this month. 1006
NEW YORK (AP) — Century 21 Stores, a destination for bargain hunters looking for fat deals on designer dresses and shoes for nearly 60 years, has filed for Chapter 11 bankruptcy.The retail chain says it’s winding down its business, including all 13 stores across New York, New Jersey, Pennsylvania and Florida.Century 21 joins more than two dozen retailers who have filed for bankruptcy since the pandemic which forced non-essential stores to temporarily close.Century 21 said that the decision followed nonpayment by the company’s insurance providers of about 5 million due under policies put in place to protect against losses stemming from business interruption.That insurance money helped it rebuild its downtown Manhattan flagship store after it was damaged by the 9/11 attacks. 794
New York City has reached the 3% testing positivity 7-day average threshold. Unfortunately, this means public school buildings will be closed as of tomorrow, Thursday Nov. 19, out an abundance of caution. We must fight back the second wave of COVID-19.— Mayor Bill de Blasio (@NYCMayor) November 18, 2020 317
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