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Re: 3xBuBu post# 72724

Wednesday, 07/08/2020 3:41:54 PM

Wednesday, July 08, 2020 3:41:54 PM

Post# of 72979
United warns 36,000 employees of potential job cuts as pandemic roils travel demand

https://www.cnbc.com/2020/07/08/coronavirus-united-braces-36000-employees-for-job-cuts-as-pandemic-roils-travel-demand.html

United is warning about 36,000 front-line employees about potential furloughs.
The terms of $25 billion in federal aid prohibit airlines from laying off or furloughing workers until Oct. 1.
Airlines are urging employees to take buyouts or early retirement packages to avoid involuntary cuts.

United Airlines on Wednesday said it is warning about 36,000 front-line employees — more than a third of its staff — about potential furloughs as the coronavirus pandemic continues to roil travel demand.

The potential for the mass job cuts, the largest announced by a U.S. airline so far, comes as signs of a recovery in air travel fade with new coronavirus infections and travel restrictions. Other airlines have warned employees about possible staff reductions and are likely to follow suit with similar formal notices.


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