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The national carrier will need to pay penalties for the COVID-era decision to stand down 1,700 workers.
Paramount has launched its workforce-reduction plan, cutting 15 percent of US staff to save $500 million amid industry challenges.
Stellantis is planning to lay off thousands of workers at its Warren plant as it shifts production to the new 2025 Ram 1500 Tradesman.
A former top corporate executive warned that the economy doesn’t appear to be on a fast path to recovery.
News of the job cuts comes on the same day the company revealed impressive financial results.
Layoffs at the online payments system company come as more than 28,000 other jobs have been cut by tech firms already this year.
Intel recently laid off 311 employees across two campuses in California, 235 from Folsom and 76 from its headquarters in Santa Clara.
