layoffs

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
CHARLES KRUPA / AP

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.

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