Hotels and hospitality companies, in particular, were among the first to announce layoffs or furloughs.
With shutdowns and shelter-in-place orders enacted across the U.S., some industries were hit harder than others. In a normal month that last number would be closer to 10,000, according to a CVS Health spokesperson, indicating that the recruiting function was almost six times more productive than it is normally. Since the launch of this "accelerated hiring initiative," the company has received more than 1.3 million applications and has more than 60,000 candidates hired or in the hiring process. Both of these initiatives materialized in a matter of days thanks to weekend and after-hours work of about 40 individuals, Lackey estimated. To meet its lofty recruiting goals amid the coronavirus pandemic, the company created a virtual talent acquisition process and streamlined hiring of furloughed employees from corporate business partners. With demand spiking as well, the 24-hour employer set a hiring goal of 50,000. Understanding that this group needed expanded leave, in case they were sick or otherwise unable to work, the company realized it needed to hire more employees, quickly. As an essential business, CVS estimated it had 200,000 employees on the front lines, a group that includes store associates, pharmacists, nurses and other clinic workers.
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