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Allstate Insurance announced on Wednesday that they are planning to lay off 3,800 employees.In a press release, the company said the layoffs were part of a restructuring plan to lower costs.Allstate will make the cuts in the sales, claims, and support departments."Implementing this plan is difficult as we still deal with the impact of the pandemic but necessary to provide customers the best value," said Tom Wilson, Chair, President, and CEO of Allstate in the press release. "We have expanded transition support for impacted employees including prioritized internal hiring, extended medical coverage, expanded retraining support, and help in employment searches."According to the Wall Street Journal, the layoffs cover approximately 8% of Allstate's 46,000 employees.Roughly 1,000 of those laid off are linked to the pandemic-related refunds the insurance company is giving to customers, WSJ reported.Back in April, Wilson told CNBC that the pandemic has resulted in people driving less, and as a result, there are fewer accidents and claims.Allstate reduced policy-holders' bills back in March, like many insurers. 1127
About 60 percent of restaurants that had to close during the pandemic are now permanently closed, according to review site Yelp.Across industries, Yelp reports that 132,580 businesses that were listed as “open” on March 1 are now marked “closed”, and roughly 55 percent of those closures are permanent. Those percentages translate to 72,842 businesses permanently closed as of July 10 that were open in March, and more than 15,700 of those are restaurants.Las Vegas is suffering from the highest rate of closed businesses, with 861 that are now permanently closed. Las Vegas has seen a huge decrease in tourism, and according to Yelp, this accounts for the spike in closures.The rate of permanent closures has increased since April as the coronavirus pandemic spreads and businesses of all kinds are forced to close or adjust how they interact with customers, sometimes resulting in fewer sales. Yelp reports that the number of total closures, though, has fluctuated as states reopen and close down again based on outbreaks.However, some businesses are seeing far fewer permanent closures. These include professional services like lawyers, accountants, web design and tutors or educators. Health services like physicians, mental health services, and health coaches are also seeing fewer permanent closures during the pandemic.“With nearly every state (and even county) taking a tailored approach to reopening local economies we expect these shifts in consumer interest and business closures to continue to move at an unpredictable pace,” the report stated.As businesses opened up in June, Yelp reports that people are searching for alcohol-related experiences, with an increase in searches for wineries (up 51 percent since May), cideries (up 39 percent) and breweries (up 24 percent). Searches for outdoors activities has also increased since May, like ziplining (up 44%) and ATV rentals (up 37%). 1906
A: Santa's lead flying reindeerB: wife trying to get rid of me before Christmas pic.twitter.com/Cvmha58rVM— Tim McGraw (@TheTimMcGraw) December 8, 2020 169
Actress Tilda Swinton holds a carnival mask as she poses for photographers upon arrival at the opening ceremony of the 77th edition of the Venice Film Festival in Venice, Italy, Wednesday, Sept. 2, 2020. (Photo by Joel C Ryan/Invision/AP) 246
Actor Ryan Reynolds wanted to help a Vancouver woman find her missing bear. Well, that bear, which had the woman's late mother's voice recorded on it, has since been found!Reynolds tweeted out the good news to his followers on Wednesday. 245