CA Hotel Industry Sees 3,600 Job Cuts Amid COVID-19 Crisis

The Real Deal 04/02/20 CA Hotel Industry Sees 3,600 Job Cuts Amid COVID-19 Crisis 3,600 workers laid off over 4-day period in March By Matthew Blake https://therealdeal.com/la/2020/04/02/expedited-layoffs-mean-thousands-of-hotel-job-cuts/ A little noticed executive order by CA Gov. Gavin Newsom has accelerated layoffs in the state’s hotel industry — with pink slips issued recently to nearly 3,600 workers...

Coronavirus: Bay Area Hotel Layoffs Might Just Be Start of Job Losses

Santa Cruz Sentinel 03/30/20 Coronavirus: Bay Area Hotel Layoffs Might Just Be Start of Job Losses By George Avalos Coronavirus: Bay area hotel layoffs might just be start of job losses SAN MARTIN — At least 1,400 hotel workers in Northern California have lost jobs or been shoved into indefinite furloughs amid the coronavirus fallout,...

Coronavirus Fallout May Test Commercial Real Estate Industry’s ‘Extend and Pretend’ Limits

Sacramento Business Journal 03/27/20 Coronavirus Fallout May Test Commercial Real Estate Industry’s ‘Extend and Pretend’ Limits Emily Hamann & Ben van der Meer https://www.bizjournals.com/sacramento/news/2020/03/27/coronavirus-fallout-may-testcommercial-real-estate.html The last time the U.S. economy was in crisis, terms such as “jingle mail” and “extend and pretend” became commonspeak among the thousands of men and women earning their keep in...