The City of Boulder said Tuesday that it will furlough 737 employees as a result of expected lost revenue resulting from the economic impact caused by the COVID-19 pandemic.
The move affects 175 standard and 562 seasonal and temporary employees, the city said.
The affected employees will be furloughed between April 20 and June 28.
Boulder anticipates lost revenues of at least $28 million, or nearly 10 percent of annual revenue excluding utility fees.
“Like many of our local companies, the city is facing very serious financial impacts as a result of the coronavirus pandemic,” City Manager Jane Brautigam said in a statement. “We are significantly reducing non-personnel expenses and canceling or delaying capital improvement projects, but the reality is that the financial impact requires immediate furloughs and may require future layoffs.”
Additional layoffs and furloughs:
Denver-based DCP Midstream, a natural gas processing company that ranks among the Fortune 500, said Monday that it was cutting 15 percent of its workforce across its nine-state footprint. Pay for senior executives is being cut 10% to 15%.
Halliburton Energy Services Inc. told the state Monday that it was laying off approximately 130 employees who work at 13100 County Road 8 in Fort Lupton.
Donations: Citywide Banks said Wednesday it will donate $100,000 to support three local community initiatives related to Colorado’s COVID-19 crisis. The financial institution is donating $40,000 to the Denver Health Foundation COVID-19 Urgent Response Fund, $35,000 to the Food Bank of the Rockies and $25,000 to Denver Economic Development & Opportunity’s Small Business Relief Fund.
FirstBank said Tuesday that it has donated $50,000 to Make4Covid, which is using 3D printing to create PPE for healthcare professionals. The Community First Foundation and the El Pomar Foundation matched the contribution.
Denver-based Apollo Brands said it has been delivering cases of its caffeinated Apollo Energy Gum to local emergency rooms in recent weeks, more than 1,300 packs in all. The company said it is trying to say thanks, but that it’s also heard from some ICU staff that they are prohibited from having beverages in their units, so the gum helps them stay alert and avoid a dry mouth.