REUTERS: 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.
United is in talks with its labor unions on voluntary options that Kirby said are focused more on the bounce-back than on"survivability." "Every voluntary departure helps to protect the jobs of those who most need them," CEO Ed Bastian said in the memo to employees. He added:"I can't emphasize enough how challenging the environment is, and will be for the foreseeable future."U.S. airlines cannot force any job or pay rate cuts until Oct. 1 under the terms of the federal CARES Act, which provides billions of dollars to help cover their payroll expenses until Sept. 30.
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