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US companies announced 633 layoffs related to coronavirus outbreak so far

The entertainment and leisure sector is the most affected so far, Challenger said

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Representative image | The entertainment and leisure sector is the most affected so far, Challenger said, with 300 job cuts largely resulting from event cancellations

Reuters
US companies have announced 633 layoffs related to the coronavirus outbreak so far, global outplacement firm Challenger, Gray and Christmas said on Thursday, providing the first tally of American job losses from what has mushroomed into a global pandemic.

"We are indeed seeing job cuts from companies that are grappling with Supply Shock. The Port of Los Angeles cut 145 drivers after shipments from China stalled, and a toy maker cut 18 jobs due to a work stoppage in China," said Andrew Challenger, senior vice president of the firm, which produces a widely followed monthly measure of layoff announcements.

The entertainment and