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- U.S. airlines have urged employees to take buyouts or early retirement packages to cut costs.
- American told employees earlier this month that it expects to be overstaffed by more than 20,000 people this fall.
- Carriers are prohibited from laying off workers until Oct. 1 under the terms of $25 billion in federal payroll support.
American Airlines on Wednesday warned about 25,000 front-line employees — roughly 29% of its U.S. mainline workforce — that they could be furloughed this fall, the latest carrier to prepare staff for job cuts as surges in coronavirus cases dash hopes for a quick rebound in travel demand.
The airline also urged employees to take new extended leaves that can last up to two years or early retirement packages to get as many people off payroll as possible before having to involuntarily cut their jobs.
American’s revenue in June was down more than 80% than a year ago, CEO Doug Parker and President Robert Isom said in a note to staff.
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