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After November 30, we will unblock the middle seat on our flights. This decision was not made lightly, and we'd like to share how we arrived at it. (1/8)— Southwest Airlines (@SouthwestAir) October 22, 2020 214
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
Amazon is going to Middle Earth.The streaming service on Monday announced it is bringing J.R.R. Tolkien's fantasy epic to television, with a multiple season commitment.The television series will take place before the 2001 feature film "The Fellowship of the Ring," which kicked off the trilogy directed by Peter Jackson. 328
After standing on a street corner and asking strangers for employment, one homeless man in Silicon Valley has been overwhelmed by job offers.David Casarez, a college graduate in his 20s, was spotted holding a sign that read, "Homeless hungry 4 success take a resume." He was handing out his resume to motorists in Mountain View, California -- where Google is headquartered -- and hoping to make a job connection.Casarez moved to California several months ago, seeking a job in the tech industry. He recently ran out of money and said he had to get creative to get noticed, according to CNN affiliate KRON. 618
Amazon is raising the price of Amazon Prime from to 9 per year.The company announced the price hike for its membership program during a call with investors Thursday. The change will go into effect May 11, and it will apply to Prime renewals beginning June 16."We continue to increase the value of Prime," Amazon CFO Brian Olsavsky said on the call, adding that the company has added "digital benefits," like Prime Video.He noted that the company is seeing "rises in cost" for providing Prime services, which include shipping perks and video streaming. 566
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