Business
American Airlines will notify 13,000 workers that they could be laid off due to the prolonged industry downturn if the Covid-19 situation doesn't improve and US government aid is not extended, the carrier said Wednesday.
Feb 4, 2021
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Business
Facing union drives, citations from state workplace regulators, lawsuits and shareholder pressure to reduce injuries, Amazon signed on to a new safety pledge Thursday.
Jun 3, 2022
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Business
European aircraft maker Airbus said on Tuesday it is planning to cut around 15,000 jobs worldwide, 11 percent of its total workforce, in response to the "gravest crisis" the industry has ever seen caused by the coronavirus.
Jun 30, 2020
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Business
American Airlines said Tuesday it will cut more than 40,000 jobs, including 19,000 through furloughs and layoffs, in October as it struggles with a sharp downturn in travel because of the pandemic.
Aug 25, 2020
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Business
American Airlines has reached a deal with its pilots' union designed to reduce the number of job losses in October as the airline shrinks because fewer people are flying during the pandemic.
Aug 5, 2020
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German aircraft engine manufacturer MTU Aero Engines said Monday it is planning to cut at least 1,000 jobs as the impact of the coronavirus continues to hammer the aviation industry.
Jul 6, 2020
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Business
United Airlines said Wednesday it plans to furlough 16,370 employees in October, a smaller number than the airline predicted in July because thousands of workers agreed to leave with the travel industry facing a slow recovery ...
Sep 2, 2020
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Business
Hit with a collapse of demand, US airlines will end the year with the lowest number of workers since at least 1987, 90,000 fewer than when Covid-19 hit, an industry federation said Thursday.
Nov 13, 2020
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Business
American Airlines reported on Thursday a massive annual loss due to the continued drag from the coronavirus, but shares soared as the US carrier became the latest vehicle in a burgeoning Wall Street trading revolt by amateur ...
Jan 28, 2021
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Business
Ground crew at Germany's beleaguered airline giant Lufthansa have agreed to a 200-million-euro ($240 million) cut in personnel costs in exchange for avoiding forced redundancies until March 2022, trade union Verdi said Monday.
Dec 7, 2020
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