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Pandemic: without new aid, American Airlines will lay off 19,000 employees in October

2020-08-25T16:10:11.274Z


The airline American Airlines, affected by the fall in air transport since the start of the pandemic, said on Tuesday that it would lay off 19,000 employees in October if it did not receive new aid by then. American Airlines and the rest of the major carriers in the United States received a total of $ 25 billion from the government in March, in return for which they pledged not to cut jobs until ...


The airline American Airlines, affected by the fall in air transport since the start of the pandemic, said on Tuesday that it would lay off 19,000 employees in October if it did not receive new aid by then.

American Airlines and the rest of the major carriers in the United States received a total of $ 25 billion from the government in March, in return for which they pledged not to cut jobs until September 30.

Since then, more than 12,500 employees have made the decision to leave the company and 11,000 have offered to take unpaid leave, but these “sacrifices” are not enough in the face of the company's decline in activity, officials have warned. 'American Airlines in a letter sent Tuesday to employees and sent to the Gendarme of the American Stock Exchange (the SEC).

Source: lefigaro

All business articles on 2020-08-25

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