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McDonald's Is Preparing Layoffs. It's a Big Week for the U.S. Jobs Market.

McDonalds is temporarily closing its U.S. offices, and telling corporate employees to work from home from Monday through Wednesday so it can communicate layoff decisions remotely, The Wall Street Journal reports.
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Remote-Work Boom During Covid-19 Pandemic Draws Real-Estate Startups

A group of real-estate startups is aiming to cash in on the remote-work phenomenon. With many corporate offices closed because of the pandemic, many young professionals have left cities like New York and San Francisco for warmer, cheaper places. A number still plan to return after their offices reopen, leaving them reluctant to buy homes or sign long-term apartment leases. That situation is creating fresh demand for furnished housing on a short-term basis, a fast-growing niche that many propert...
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Source: wsj.com

Covid-19 Rapid-Test Sites Planned for New York Office Buildings

Updated Jan. 12, 2021 6:20 pm ET New York is working to open up Covid-19 rapid-testing sites at commercial buildings to help return workers to their offices, Gov. Andrew Cuomo said Tuesday. The expansion of rapid-testing facilities would allow the state to loosen social-distancing measures, including on theaters and restaurants, which have had to limit or close their operations during the pandemic, the governor said. Several of New Yorkโ€™s largest landlords said Tuesday that they are p...
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Source: wsj.com

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