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BREAKING: United warns 36,000 employees of potential job cuts as pandemic roils travel demandhttps://t.co/eHJES8K61W
— CNBC Now (@CNBCnow) July 8, 2020
Coronavirus: United braces 36,000 employees for job cuts as pandemic roils travel demand https://t.co/QtLPC3Q7K8
— ScoonTV (@ScoonTv) July 8, 2020
United warns 36,000 employees on furlough potential as air travel recovery hopes fade. Flight attendant union pres @FlyingWithSara calls the projection "gut punch, but they are also the most honest assessment we’ve seen on the state of the industry." https://t.co/dhV7Z1jS2p
— Leslie Josephs (@lesliejosephs) July 8, 2020
To be clear, this due to "the pandemic-driven slump in passenger demand." It has nothing to do with burning precious cash on share buybacks before the pandemic.https://t.co/emH0zqT31m
— Cameron Winklevoss (@winklevoss) July 8, 2020
Failure to suppress the virus in a timely manner could lead layoffs to accelerate this fall as hard-hit business adjust to a new reality https://t.co/AQZasII208
— Nick Timiraos (@NickTimiraos) July 8, 2020
Trump Admin is giving billions of $$ in grants and cheap loans to airlines and now this. Taxpayer money is being used to enrich shareholders instead of save jobs. Will go down in history as classic example of crony capitalism. https://t.co/ZVia46A5uP
— Steven Rattner (@SteveRattner) July 8, 2020
United Airlines said it could be forced to shed almost half its U.S. workforce, telling 36,000 employees on Wednesday that they could be furloughed from Oct. 1 because of the pandemic-driven slump in passenger demand.
— Jason Leopold (@JasonLeopold) July 8, 2020
https://t.co/HUtWNMMChg
United Airlines warning it could lay off half its workforce - 36,000 people - when federal aid $$ expires at end of September. It’s currently losing $40 million *per day* https://t.co/HnGMsNBfui
— Tom Gara (@tomgara) July 8, 2020
United Airlines Holdings Inc. said it could be forced to shed almost half its U.S. workforce, telling 36,000 employees on Wednesday that they could be furloughed from Oct. 1 because of the pandemic-driven slump in passenger demand. https://t.co/bCCayOrfl9
— Murtaza Solangi (@murtazasolangi) July 8, 2020
United Warns It May Furlough 36,000 Staff https://t.co/Ys84JWISXJ
— Luis Carlos Vélez ? (@lcvelez) July 8, 2020
United eyes mass layoffs as coronavirus creates 'worst crisis' in airline history https://t.co/flICKA0ZJO
— Red Wish ? ? (@RedWishDotCom) July 8, 2020
Say it with me: the Fed can’t fix demand.
— Tyler Gellasch (@TylerGellasch) July 8, 2020
Cheap credit isn’t the same as income. https://t.co/cZxC9immFc
コロナ影響で米航空業界にさらなる打撃！客数減でユナイテッド航空 $UAL が1/10までにスタッフのほぼ半数にあたるを一時休ませることに！これで株価はまた20ドル台に落ちるだろ〜なぁ…このコロナの第2波が1番深刻な辺りが買いのチャンスかも！破産しなければいいが… https://t.co/px0vDwyTOQ
— Wang Dishen (@WDishen) July 8, 2020
United Airlines said it could shed almost half its U.S. workforce, telling 36,000 employees on Wednesday that they could be furloughed starting Oct. 1. Airline and finance executives don't expect global demand to recover to 2019 levels for 3-5 years https://t.co/61JtdOYpEZ
— Andrew Scurria (@AndrewScurria) July 8, 2020