You Searched For "airline cut pay and staff" and got 20 results
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1 min read
Spirit Airlines is selling planes worth $500 million and cutting staff as it fights to stay in the air
Spirit Airlines has struggled since its proposed merger with JetBlue was struck down. Reports have …
Pete Syme
3 mins read
Klarna only needs half its staff, because AI lets the buy-now-pay-later company 'do much more with less'
In May, the CEO said Klarna had saved millions by "spending less on photographers, image banks, and…
Lian Kit Wee
5 mins read
Intel employees face 'setbacks' as the company slashes staff, pay, and perks
Intel employees faced pay cuts and layoffs, causing uproar over forfeited stock bonuses and shrinki…
Emma Cosgrove,Helen Li
2 mins read
Problems keep piling up for budget airlines like Spirit Airlines — so get set to pay more
Spirit Airlines is reportedly considering filing for Chapter 11 bankruptcy as budget carriers seek …
Pete Syme
4 mins read
JetBlue founder and low-cost airline veteran explains how struggling airlines need to adapt to survive right now
Low-cost guru David Neeleman, who has founded five budget carriers since 1984, told BI some airline…
Taylor Rains
12 mins read
On-the-job training is broken. Companies are paying a steep price.
HR professionals, managers, and frontline employees all agree that the quality of on-the-job traini…
Emily Stewart
1 min read
Emirates, the powerhouse Middle Eastern airline, is giving staff a bonus of 20 weeks' pay after a blockbuster year
The Dubai-based airline posted record profits of $4.7 billion, and is set to reward staff in this m…
Pete Syme
2 mins read
I was a loyal Trader Joe's shopper for 13 years. But after switching careers and taking a pay cut, Aldi's value won me over.
I spent 13 years shopping at Trader Joe's for my family's weekly grocery needs, but after an impres…
Katrina Kernodle Walsh
3 mins read
Deloitte and EY trim staff amid slowing demand following years of rapid growth for Big Four firms
The consulting sector is facing falling demand and Big Four consultancies including EY and Deloitt…
Polly Thompson
4 mins read
Airlines got too confident, and now they are paying the price despite record-breaking travel
Airlines added too much capacity amid confidence in soaring demand. Boeing, high costs, and fewer h…
Taylor Rains
4 mins read
Patagonia lays off staff and launches a 'business transformation' to set it up for the next 50 years
Patagonia CEO Ryan Gellert told staff in an internal email that the company was not immune from the…
Polly Thompson
1 min read
Another of the world's best airlines is giving its staff a huge bonus after a 2nd year of record profits
Singapore Airlines posted record profits for the second year running. Bloomberg reports it will giv…
Pete Syme
3 mins read
Turkish Airlines offered to charge Eric Adams $50 for two business-class seats worth $15,000, prosecutors say
New York City Mayor Eric Adams accepted numerous lavish travel gifts from the Turkish government, f…
Jacob Shamsian
1 min read
Googlers reportedly grilled execs over low morale after staff missed out on pay rises while earnings surged
One employee claimed they had noticed "a significant decline in morale," CNBC reported.
Beatrice Nolan
2 mins read
Cruise staff say Carnival UK threatened to get rid of 919 of them if they refuse to take pay cuts
A previous scandal involved another cruise operator replacing 800 employees with what unions said w…
Matthew Loh
5 mins read
Singaporeans are used to paying less than $5 for a meal. This 30-year-old chef charges double, and diners keep coming.
Gwyneth Ang, 30, is now opening a modern Asian grilled seafood restaurant in Singapore's latest lif…
Erin Liam
1 min read
McKinsey is offering some staff 9 months of pay and career-coaching services to leave the firm: report
McKinsey said the move was part of its "ongoing effort to ensure our performance management and dev…
Kwan Wei Kevin Tan
3 mins read
I love being a middle manager. Amazon's decision to cut middle managers saddens me — this role is misunderstood.
Michelle Busch became a middle manager at a PR firm in 2023. She thinks companies like Amazon looki…
Elle Hardy
1 min read
An American Airlines passenger is ordered to pay $40,000 to the airline for disrupting and diverting a flight
The passenger threatened and cursed at flight crew and other passengers on board, the US Attorney's…
Sawdah Bhaimiya
3 mins read
Delta's CEO just sounded the alarm for airlines that depend on selling cheap tickets to survive
Delta CEO Ed Bastian had stark words for competing airlines that depend on selling low-priced ticke…