Showing posts with label Layoffs. Show all posts
Showing posts with label Layoffs. Show all posts

Friday, December 11, 2020

Who will pay for the crisis? Lufthansa receives $10 billion state bailout and cuts 30,000 jobs

On November 14th we were writing that at least 90,000 people will lose their job by the end of December as a result of mass layoffs by major U.S. airline companies. Aviation giants, such as United Airlines and American Airlines laid off 32,000 workers last October in an attempt to blackmail the U.S. government for higher subsidies.

The COVID-19 pandemic had a serious impact on the aviation industry due to travel restrictions and a significant slump in demand among travellers. No travellers means less profits for the big airliners. In order to reduce losses, the monopolies of aviation proceed to a series of anti-labor measures, including pay cuts, furloughs and, of course, layoffs. 

Saturday, November 14, 2020

Solidarity with the workers and staff in U.S. airlines — No to layoffs, pay cuts and anti-labor measures!

Employment will drop by 90,000 full-time employees by December, according to Airlines for America trade group, which represents major U.S. airlines.

The 90,000 job losses will bring U.S. airlines employment to its lowest level since the mid-1980s by year's end as a result of more than 30,000 furloughs at airlines such as United and American and thousands of other workers from Southwest, Delta Airlines and other carriers accepting buyouts, CNBC reported.

Bureau of Transportation Statistics data that the trade group compiled show the drop from pre-COVID peak in March of 460,000 full-time jobs to 370,000 full-time jobs by year's end.