Airbus Cuts 15,000 Jobs Across Global Workforce

Airbus Cuts 15,000 Jobs Across Global Workforce


Quick Take

  • The Senate extended the application period for the Paycheck Protection Program.
  • Several states across the Midwest are seeing a resurgence in coronavirus cases.
  • European nations have now reopened their borders to nonessential travelers from a list of countries.
  • Airbus has announced that it will cut nearly 15,000 jobs across its global workforce.

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Dr. Fauci Warns Daily Cases Could Reach 100,000

Dr. Anthony Fauci, the nation’s top infectious disease expert, testified before Congress on Tuesday, telling lawmakers that the rate of new coronavirus infections could more than double to 100,000 a day if current outbreaks were not contained. He also warned that the virus hotspots across the South and the West puts the entire country at risk.

Dr. Fauci’s testimony came as the nation set a new record for the fourth time this week, reporting more than 48,000 coronavirus cases. Officials in eight states, Alaska, Arizona, California, Georgia, Idaho, Oklahoma, South Carolina and Texas, announced single-day highs.

Leaders of the most populous counties in Texas pleaded with Gov. Greg Abbott to allow them to issue stay-at-home orders as the state reported 6,800 cases.

Cases in California skyrocketed this week with the state reporting more than 7,000 cases each day. Governors of New York, New Jersey and Connecticut announced that travelers from California and at least 15 other states will be required to quarantine for 14 days.

Number Rise Again In The Midwest

Several states across the Midwest are seeing a resurgence in coronavirus cases. Kansas, Detroit, and Wisconsin were beginning to show improvement after initially being hit by the virus.

In Kansas, the governor ordered residents to wear masks as case numbers lurched back toward their peak levels. In Wisconsin, new cases in the Madison area reached a new high. And in Ohio, the cases in counties that include Cincinnati and Cleveland have been doubling in the past two weeks. Gov. Mike DeWine said the Ohio increases were not just the result of more testing. Hotspots have also emerged in Illinois and Minnesota, where case numbers have previously remained mostly flat.

Europe Opens Borders To Nonessential Travelers

European nations have now reopened their borders to nonessential travelers from a list of countries in which the pandemic has been deemed sufficiently under control.

As of July 1, all members of the European Union, as well as Iceland, Norway, and Switzerland, have begun opening their borders to travelers from Australia, Canada, Georgia, Japan, New Zealand, South Korea, Thailand, and the Vatican among others.

Travelers from the United States have been excluded from the list. Americans can still fly to Ireland and Britain, but must self quarantine for 14 days. The State Department is still advising Americans to avoid all international travel.

Airbus Cuts 15,000 Jobs

Airliner manufacturer Airbus has announced that it will cut nearly 15,000 jobs across its global workforce, marking the largest downsizing in the company’s history.

Citing a 40 percent drop in commercial aircraft business activity and an “unprecedented crisis” facing the airline industry, Airbus said it would cut around 10 percent of its jobs worldwide, with layoffs hitting operations in France, Germany, Spain and Britain.

The company’s chief executive had been preparing employees for hard times in a series of recent memos warning it would be necessary to adapt to a “lasting decline” in the demand for airliners. The company said Tuesday that it did not expect air travel to return to pre-virus levels before 2023 and potentially not until 2025.

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Virus Reaches Migrant Encampment

Coronavirus has struck a crowded encampment along the Mexican border, where migrants are waiting to apply for asylum in the United States.

A 20-year-old woman living at the tent camp in Matamoros, Mexico, has been transferred to an isolation area on the edge of the camp. Two other people at the camp were isolated on June 26th after presenting symptoms of Covid-19, but test results are still pending.

The encampment sits at the foot of the bridge to Brownsville, Texas, where migrants must go for asylum hearings. They have been subjected to a U.S. policy, known as the Migrant Protection Protocols, that requires asylum applicants to remain in Mexico while applying for asylum, entering the United States only on their court dates.

Roughly 2,000 residents occupy the muddy strip of land, with many living in overcrowded tents. Many of the camp residents are also already weakened by respiratory and gastrointestinal ailments. Global Response Management, a nonprofit that runs a clinic in the area, has expressed concern over the impact of coronavirus.

Senate Approves Extending Small-Business Program

The Senate approved extending the application period for the Paycheck Protection Program, granting five additional weeks for the remaining money left in the program to be spent.

At the time of extension, the program still had $130 billion available for loans to small businesses seeking to maintain their payrolls. Small businesses now have until August 8th to apply for pandemic aid.

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