U.S. major airlines roll out more options to avoid staff lay-offs
Thursday, 28 May 2020 The top three U.S. airlines, hit hard by the coronavirus pandemic, are rolling out fresh programs to induce tens of thousands of employees to accept voluntary leave or early retirement in the hope of avoiding widespread furloughs in the fall, company memos show. Around 100,000 employees of American Airlines Group...
A letter to employees told them American Airline Group Inc will have to downsize because of the coronavirus pandemic. They said management and support staff will be reduced by about 30% and some frontline employees will be cut. According to Reuters, all of the major U.S. airlines said they will need to shrink in the fall. On Sept. 30 U.S. government payroll aid banning involuntary job cuts will expire. American said it will first offer voluntary options before making involuntary reductions.
American Airlines Group Inc must reduce its management and support staff by about 30% and may have to cut frontline employees as it downsizes due to the coronavirus outbreak, showed a letter to employees made public on Wednesday. Libby Hogan reports.