Mass layoffs starting, but no skyrocketing unemployment expected: report

Large companies like Booking.com, Damen Shipyards, NS and KLM have announced coronavirus crisis-necessitated reorganizations, with thousands of jobs being cut. And more are expected to follow.Submitted by Janene Pieters on Wednesday, 5 August 2020 - 18:10 https://nltimes.nl/2020/08/05/mass-layoffs-starting-skyrocketing-unemployment-expected-report