American Airlines‘ corporate office announced today that the carrier is planning to eliminate over 40,000 jobs this year. 19,000 of those 40,000 jobs will be furloughs and layoffs in October. American Airlines said 23,500 employees have accepted buyouts, retired early or taken long-term leaves of absence, but that was not enough to avoid involuntary cuts. […]
Tag Archives: axes
United Airlines Holdings Inc. announced today that it is preparing to eliminate 2,850 (about 21% of the total) pilot jobs in 2020, unless the federal government approves further U.S. government aid to help airline sector cover its payroll costs amid a collapse in travel demand. Airlines, reeling from the devastating impact of the novel COVID-19 […]