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Survey: 55 percent of CNY firms reduce workforce in COVID-19 crisis
SYRACUSE — More than half (55 percent) of responding Central New York businesses reported a decrease in product demand during the coronavirus shutdown that led them to implement layoffs, reduced operating hours, shifts, or workdays. That’s according to a new survey from CenterState CEO, which also found 10 percent of firms are looking to hire […]
Walsh outlines recommendations for business restart
SYRACUSE, N.Y. — The Syracuse and Onondaga County economic resiliency task force has developed a series of recommendations for the business community for when local
UTICA, N.Y. — F.X. Matt Brewery, the Greater Utica Chamber of Commerce, and the Community Foundation of Herkimer and Oneida Counties have launched an initiative
How Working Capital can Help Small Businesses Cover Immediate Costs
Companies of all sizes, across most industries, are experiencing financial hardship as a result of the COVID-19 crisis. With businesses mandated to pause or restructure, owners are facing layoffs, reduced (or depleted) revenue, and potential closure. During this downtime, it’s critical for business owners to make financial viability a top priority so they can position themselves
Galaxy Media cancels 2020 Taste of Syracuse over coronavirus concerns
SYRACUSE, N.Y. — Organizers of the annual Taste of Syracuse event have decided to cancel it for 2020, citing “public health and safety concerns related
McMahon says Central New York counties will collaborate on economic restart plan
SYRACUSE, N.Y. — Onondaga County Executive Ryan McMahon says he’ll be working with county leaders from across Central New York to formulate a plan for
Greater Watertown-North Country Chamber temporarily lays off all staff members
WATERTOWN, N.Y. — The Greater Watertown-North Country (GWNC) Chamber of Commerce has “temporarily” laid off all of its employees, except Chamber President and CEO Kylie
Oneida County survey finds 52 percent of responding businesses closed but plan to reopen
UTICA, N.Y. — More than half (52 percent) of Oneida County businesses responding to a survey say they have closed but plan to reopen. Another
M&T Bank made more SBA loans in CNY in a week than all of last year nationally
SYRACUSE, N.Y. — M&T Bank Corp., the biggest bank in the 16-county Central New York region by deposits, says it made more government-guaranteed loans to
Ithaca company designs medical face shield for hospital in COVID-19 fight
ITHACA — Incodema Inc., an Ithaca–based sheet-metal provider, announced it has designed a new face shield that can be sanitized and reused in health-care facilities during the coronavirus pandemic. The company says it responded to “the call to action” of the Cayuga Medical Center (CMC) in Ithaca to find a solution to the face-shield shortage.
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