The top three U.S. airlines, hit hard by the coronavirus pandemic, are rolling out fresh programs to induce tens of thousands of employees to accept voluntary leave or early retirement in the hope of avoiding widespread furloughs in the fall, company memos show.
But airlines must continue reducing their workforces to match their businesses to a sharp downfall in air travel due to the coronavirus pandemic.
“Every voluntary departure helps to protect the jobs of those who most need them,” CEO Ed Bastian said in the memo to employees. He added: “I can’t emphasize enough how challenging the environment is, and will be for the foreseeable future.” After that date, airlines have warned of involuntary reductions if overall workforces are still larger than needed.
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