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American Airlines could furlough over 2,700 people in DFW this spring
American Airlines, one of the largest employers locally, could furlough over 2,700 and lay off nearly 500 more employees in Dallas-Fort Worth this spring, according to a letter the airline sent the Texas Workforce Commission earlier this month. Ame.....»»
Federal aid for airlines means Southwest won"t reduce workforce as previously planned, Bloomberg reports
Southwest Airlines won’t be cutting jobs and wages as it had previously announced, due to President Donald Trump signing the $900 billion stimulus bill Dec. 27, Chairman and CEO Gary Kelly told employees in an email, Bloomberg reported. Kelly sent th.....»»
51 Tyson Foods workers positive for coronavirus in Maine
More than 10 percent of the plant's workforce contracted the virus......»»
Brussels Airlines slashes jobs, fleet as COVID-19 bites
Brussels Airlines, part of Germany's Lufthansa , said on Tuesday it would reduce its fleet by 30% and its workforce by a quarter to guarantee its survival during and after the COVID-19 pandemic......»»
In-flight wireless provider Gogo struggles along with airlines
Chicago-based Gogo said it had a loss of $1.04. Losses, adjusted for asset impairment costs, came to 43 cents per share. Last month Gogo said it would furlough more than 600 employees — roughly 60% of its workforce — as the pandemic cuts flight deman.....»»
AMAG Pharmaceuticals Announces First Quarter 2020 Financial Results and Provides Corporate Update
Feraheme® (ferumoxytol injection) posts strong first quarter results Company implements a workforce reduction of approximately 30 percent or 140 positions, as part of a planned decrease in operating expenses Conference call scheduled fo.....»»
For the first time, white men weren"t the largest group of U.S. hires at Google this year
For the first time since Google LLC began releasing the demographic breakdown of its workforce in 2014, white men did not represent the largest group of new hires in the United States in the last year. Asian men made up 32.4 percent of new U.S. e.....»»
Coronavirus forces Airbnb to lay off 1,900 workers
Airbnb is laying off about 25 percent of its workforce as the coronavirus continues to keep would-be travelers stuck at home, co-founder and CEO Brian Chesky announced Tuesday......»»
GE Aviation cutting 25% of its global workforce as coronavirus devastates airline industry
The company, with hundreds of workers at its Durham facility, had previously announced a 10 percent cut to its domestic workforce......»»
Rolls-Royce considering cutting up to 15% of its workforce - source
British aero-engine maker Rolls-Royce Holdings is considering cutting up to 15% of its workforce, a source close to the company told Reuters, as customers cut production and airlines park planes due to the coronavirus pandemic......»»
Rolls-Royce considering cutting up to 15% of its workforce: source
British aero-engine maker Rolls-Royce Holdings Plc is considering cutting up to 15% of its workforce, a source close to the company told Reuters, with its customers cutting production and airlines parking planes due to the coronavirus pandemic......»»
American Airlines loses $2.2B as coronavirus grounds flights
The Fort Worth, Texas-based air carrier lost $2.2 billion, or $5.26 a share, as total operating revenue plunged 20 percent to $8.52 billion......»»
Malaysia Airlines says working with Khazanah for financial support, taken cost cuts
Malaysia Airlines (MAB) is working closely with sole shareholder Khazanah Nasional for financial support while also taking steps to defend its cash position to sustain business during the coronavirus crisis, it said on Thursday......»»
Malaysia Airlines working with Khazanah for financial support, parent co says
Malaysia Airlines (MAB) is working closely with sole shareholder Khazanah Nasional for financial support needed due to the coronavirus crisis, it said on Thursday......»»
Boeing to slash 10 percent of its workforce amid pandemic fallout, 737 Max grounding
The job cuts will heavily impact the Seattle and Renton, Wash., areas, where Boeing bases most of its commercial-division employees......»»
Boeing plans to slash 10 percent of its workforce amid pandemic fallout, Max grounding
The job cuts will heavily impact the Seattle and Renton, Wash. areas, where Boeing has most of its commercial division employees based......»»
15 deaths in the airline industry in 9 days linked to coronavirus. Why are planes still flying?
Flights are nearly empty and airlines have cut service drastically, but the coronavirus is still ravaging the workforce. Flights are nearly empty and airlines have cut service drastically, but the coronavirus is still ravaging the workforce......»»
15 coronavirus-linked deaths in the airline industry in 9 days. Why are planes still flying?
Flights are nearly empty and airlines have cut service drastically, but the coronavirus is still ravaging the workforce. Flights are nearly empty and airlines have cut service drastically, but the coronavirus is still ravaging the workforce......»»
Coronavirus takes toll on Cantor Fitzgerald forcing job cuts
The cuts are said to amount to less than 5 percent of the workforce.....»»