United Airlines Warns That It Could Lay Off 36,000 Employees

of its frontline employees about potential job cuts starting in October, as the company continues to struggle with the economic fallout from coronavirus.some 15,000 flight attendants, more than half of the airline’s in-flight cabin crew and over 2,200 pilots.

Like other big airlines, United took government bailouts to help cope with the pandemic: The company receivedBut the government support also mandates that airlines are prohibited from laying off or furloughing workers until October 1, which explains the company’s advance notice of the potential job cuts.

United shares tumbled more than 3% on the news of the possible furloughs. Shares are down 65% so far in 2020—making it one of theThe company did say in its memo to employees, however, that the warning won’t necessarily result in definite layoffs and employeesAirlines have been one of the hardest-hit industries during the pandemic, with coronavirus all but eviscerating global travel demand in recent months.

, urging workers to take early retirements and buyouts as travel demand plunges. Airlines have largely cut back on voyages, been forced to beef up health precautions and fly at significantly reduced capacity.

in order to “avoid hundreds of thousands of layoffs from an industry that normally drives economic activity.”

skleb1234 If they chop 95% we'll see NASDAQ 20k and Dow 50k. Ha.

skleb1234 Why can't these companies venture into other sectors? Cargo , insurance, food to name a few. Better than laying off.

skleb1234 Unbelievable number

skleb1234 united , put political pressure on POTUS to order a nationwide mask mandate. We are BANNED from traveling to other countries because we are so stupid and selfish.

skleb1234 Samooklicani 'đeneral' MLADIĆ je bil pa 'NEKUMUNIST' in ni nosil ZVEZDE niti okoli sebe 'NI' imel komunistov? Ti prokleti ZLOČINEC VATOVEC, in na vso žalost si še v našem parlamentu, kaj ko bi vsaj IDIOT držal GOBEC UMAZANI in ne kazal svojo NEPISMENOST! banda LEVIČARSKA

skleb1234 If they’re going to do it, I hope they do it in October.

skleb1234 ☹️

skleb1234 Merry Christmas America! We are going to need a war a world war to get out of this one.

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