>Financial Daily Dose 7.9.2020 | Top Story: United Airlines Warns of Layoffs Affecting 40 ...
Financial Daily Dose 7.9.2020 | Top Story: United Airlines Warns of Layoffs Affecting 40% of Its Workforce This Fall
Blog Post
United Airlines is preparing to furlough as many as 36,000 workers—“nearly 40 percent of its global work force”—if the travel industry remains weak as summer turns into fall. The October 1 cuts would coincide with the end of the government’s $25 billion stimulus program for passenger airlines, which “came with restrictions against substantial staffing cuts …
The post Financial Daily Dose 7.9.2020 | Top Story: United Airlines Warns of Layoffs Affecting 40% of Its Workforce This Fall appeared first on Robins Kaplan Trial Attorneys Blog.
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