People's United Bank in Worcester, Massachusetts
Andre Carrotflower / Wikimedia Commons

New York-based M&T Bank is back-tracking on plans to lay off more than 700 People’s Bank employees in Connecticut.

The Hartford Courant

Just days after acquiring Tribune Publishing, the parent company of The Hartford Courant, Alden Global Capital is offering voluntary buyouts to non-unionized employees across the company. On its first day it replaced Tribune's CEO Terry Jimenez with Alden Capital’s president Heath Freeman.

ESPN Headquarters in Bristol, Connecticut.
Jessica Hill / AP

Broadcast sports giant ESPN is telling employees that pandemic-related layoffs are coming. In addition to the cuts, company president Jimmy Pitaro says 200 open positions will be eliminated.

New Haven Mayor Justin Elicker
Ebong Udoma / WSHU Public Radio

The city of New Haven announced it has a budget surplus of $1.9 million dollars, but the mayor worries that’s not enough to get through tougher times ahead.

GotCredit / Flickr

Thirty additional Connecticut state employees who work in executive branch agencies have received layoff notices since May 3.