CHICAGO - American Airlines is sending 25,000 notices of potential furloughs to frontline workers, according to a memo released on Wednesday , preparing employees for job cuts in the fall as the coronavirus pandemic forces airlines globally to shrink.
The terms of a US$25 billion payroll stimulus package awarded by US Congress in March ban airlines from forced job cuts before October, and under the Worker Adjustment and Retraining Notification Act they are required to provide 60 days' notice of mass layoffs. American's memo, reviewed by Reuters, offers extended leave and early out packages for frontline workers.
By encouraging more senior workers to depart, US airlines could trim their labor costs - their main expense - during the recovery, giving them more pricing power. Airline union contracts require airlines to furlough junior workers first.
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