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Furloughs

Airlines would get $15 billion in federal aid, must call back more than 32,000 furloughed workers

Airlines would get $15 billion in federal aid, must call back more than 32,000 furloughed workers

By: Leslie Josephs
Source: CNBC
Date of Publication: December 21st, 2020
Airlines would get $15 billion in additional payroll support under the bipartisan $900 billion coronavirus aid package.
Southwest Airlines issues first furlough notices as talks with unions stall

Southwest Airlines issues first furlough notices as talks with unions stall

By: Tracy Rucinski
Source: Reuters
Date of Publication: November 6th, 2020
Southwest Airlines LUV.N said on Friday it has sent notices of potential furloughs to 42 parts inventory workers after talks with one union group stalled over pay cuts the airline argues it needs from all employees to offset $1 billion in overstaffing costs.
80,000 furloughed as bus industry grinds to a halt

80,000 furloughed as bus industry grinds to a halt

By: Natasha Chen
Source: CNN Business
Date of Publication: October 25th, 2020
Clarence Cox took over a 35-year-old motorcoach business from his father and uncle and had hopes of one day giving it to his daughters. But with a $5 million fleet parked for months during a pandemic, and no federal aid, his goal now is just to make it to the end of 2020.
Secret provides direct assistance to support women affected by COVID-19

Secret provides direct assistance to support women affected by COVID-19

By: Tatiana Walk-Morris and Chris Kelly
Source: Marketing Dive
Date of Publication: October 6th, 2020
Secret on Monday kicked off its #RaiseItUp initiative, an effort aimed at supporting women's equality programs in partnership with YMCA USA, per a press release.
Pelosi asks airlines to pause furloughs, vowing additional aid, but no deal yet

Pelosi asks airlines to pause furloughs, vowing additional aid, but no deal yet

By: Leslie Josephs
Source: CNBC
Date of Publication: October 2nd, 2020
Pelosi said the additional aid could be a standalone bill or part of a broader coronavirus package.
Top U.S. airlines starting 32,000 furloughs as bailout hopes fade

Top U.S. airlines starting 32,000 furloughs as bailout hopes fade

By: Tracy Rucinski, David Shepardson
Source: Reuters
Date of Publication: September 30th, 2020
American Airlines and United Airlines, two of the largest U.S. carriers, said they were beginning furloughs of over 32,000 workers on Thursday as hopes faded for a last-minute bailout from Washington.
United, pilots agree on schedule reductions to avoid nearly 3,000 furloughs

United, pilots agree on schedule reductions to avoid nearly 3,000 furloughs

By: Leslie Josephs
Source: CNBC
Date of Publication: September 28th, 2020
United Airlines’ pilots agreed to reduce their hours to avoid furloughs of close to 3,000 pilots.
American Airlines, unions make new push to win government payroll assistance _ Reuters

American Airlines, unions make new push to win government payroll assistance

By: David Shepardson, Tracy Rucinski
Source: Reuters
Date of Publication: September 16th, 2020
American Airlines AAL.O Chief Executive Doug Parker and seven major airline unions on Wednesday made a new push to win additional government assistance to keep nearly 20,000 workers on the payroll past Oct. 1.
Fortune 500 CEO survey on how top companies are dealing with coronavirus pandemic, predictions for what's ahead _ Fortune

Fortune 500 CEO survey: How are America’s biggest companies dealing with the coronavirus pandemic?

By: Alan Murray
Source: Fortune
Date of Publication: May 14th, 2020
CEOs of the Fortune 500, surveyed in the last two weeks of April, believe it will be years before the effects of COVID-19 are purged from the U.S. economy.
United Airlines will furlough 16,000 employees - CNN

United Airlines will furlough 16,000 employees

By: Pete Muntean, Gregory Wallace
Source: CNN
Date of Publication: September 2nd, 2020
With no air travel rebound or new federal help in sight, United Airlines says it will furlough about 20% of its frontline employees in less than a month's time.