$15 billion for airlines to bring back furloughed workers
After a lot of conversations around the stimulus package, a $900 billion package was signed on Sunday with airlines being one of the biggest winners with $15 billion stimulus package. It was done to bring back the furloughed airline workers and restore air services to cities that lost the same due ...
US airlines drop 36,700 jobs
Travel and tourism were severely impacted across the globe due to the pandemic. Many airlines had been laying off their employees due to non-functionality or reduced number of flights due to the lockdown and restrictions. The drop in the jobs since September indicate that the companies that took th ...
The latest layoffs do not signal to collapse the labor market.
Don't let the layoff news from Disney, United Airlines, American Airlines, etc. discourage you. Individually these numbers seem humongous, but they not enormous wrt to the total job market. To know more, click here. ...
35000 airlines workers may be furloughed or laid off
There have been very few industries that have managed to escape the wrath this global pandemic has unleashed upon the world. The airline industry is not one of them. The majority of the countries in the world had or still have implemented strict travel rules/ban, making it difficult for airlines to ...
United Airlines to let go of 36,000 employees
As Levis and LinkedIn recently had a round of layoffs, airline company, United Airlines issued a warning to employees to brace themselves for mass layoffs in case the travel situation doesn't improve. The company shared a memo with the employees saying that 36,000 workers, which is 45% of the front ...
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