American Airlines plans to cut 19,000 jobs in October if the payroll support of the government is not extended.
American Airlines received $ 5.8 Billion financial aid plus the payroll support from the federal government, but the payroll support expires on September 30th
In a letter sent to employees; American CEO Doug Parker said 12,500 employees left through voluntary furloughs or retirement, while another 11,000 agreed to take unpaid leave in October.
The announcement is actually no surprise. In July, the airline warned 25,000 employees of possible furlougs as of October .
American had app. 134,000 employees at the end of 2019.
This post was published on 25 August 2020 6:01 pm