You Searched For "furloughs" and got 20 results
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3 mins read
Boeing says it's going to start furloughing 'a large number' of its white-collar employees amid strike
Selected employees will take one week of furlough every four weeks on a rolling basis, Kelly Ortber…
Shubhangi Goel
2 mins read
Spirit is struggling to survive. Bankruptcy will likely mean other airlines raise their prices.
Spirit Airlines is reportedly considering bankruptcy protection. That's likely to mean flying fewer…
Pete Syme
2 mins read
Boeing's labor strike is so bad that the US Labor Secretary just flew to Seattle to help
Su encouraged negotiations during the stoppage earlier this month involving 45,000 dockworkers on t…
Shubhangi Goel
2 mins read
Tensions are rising in the Boeing strike after the planemaker filed a complaint against the union
Boeing filed a complaint with the NLRB accusing the IAM union of bargaining in bad faith, after neg…
Pete Syme
2 mins read
Boeing's latest headache: a possible junk downgrade
S&P Global Ratings is considering downgrading its bonds to junk status — and Moody's said last mont…
Shubhangi Goel
2 mins read
Boeing's negotiations with union leaders break down 2 days after restarting
Boeing has withdrawn its contract offer two days after returning to negotiations. The IAM said the …
Pete Syme
1 min read
The cost of Boeing's strike keeps rising as talks continue
Boeing and IAM union leaders are set to resume negotiations on Monday, three weeks after 33,000 wor…
Pete Syme
2 mins read
Spirit Airlines stock plunges after report it's considering filing for Chapter 11 bankruptcy
A Chapter 11 bankruptcy has the potential to let Spirit Airlines restructure its debt following a f…
Lian Kit Wee,Will Martin
2 mins read
Boeing still has a long way to go to convince striking workers
Boeing's approach to negotiations is a "blatant show of disrespect," the IAM union, which represent…
Pete Syme
2 mins read
Boeing just put out its 'final and best' offer to striking workers: a 30% wage hike and a $6,000 bonus
On Monday, Boeing brought another offer to the table and increased its wage proposal for the 32,000…
Shubhangi Goel
1 min read
Boeing execs barred from flying business class to save money during strike
In a memo to employees on Monday, Boeing CFO Brian West outlined the steps that the company is taki…
Tom Carter
5 mins read
IT sector preview: Q3 to see slow deal conversions, soft demand and furloughs
The tide might have turned for IT stocks as investors found them in favour again. However, the thir…
3 mins read
'They're trying to make their money back by hurting us': Hotel staff are struggling to find work as their industry rebounds without them
Hotels are seeing more business again, but many of their workers, like housekeepers and room servic…
Sarah Jackson
2 mins read
American Airlines is recalling 3,300 flight attendants from extended voluntary leave as it ramps up for a busy holiday season
A surge in demand for travel has led American Airlines to recall thousands of cabin crew members wh…
Anna Cooban
2 mins read
United will not furlough active flight attendants and says it will welcome the 'vast majority' of staff back to work after COVID aid expires
"Given the current outlook for the future of United, we continue to move closer to full frontline s…
Allana Akhtar
3 mins read
American and United are warning employees of furloughs as a slow vaccine rollout dampens expectations for recovery this year
United Airlines had told returning workers to expect their stays to be temporary as the industry is…
Thomas Pallini
2 mins read
American Airlines said 13,000 employees could be furloughed, blaming slow vaccine rollout and travel restrictions
American Airlines said thousands face furlough when a US aid package for airline workers expires on…
Kate Duffy,Reuters
2 mins read
Some restaurants workers in Georgia have been told to repay their unemployment benefits after the labor department said their employer filed furlough claims incorrectly
One former worker was told to repay $28,000 in unemployment benefits, WXIA reported. "That's half m…
Grace Dean
5 mins read
More than 32,000 airline workers are losing their jobs after Congress failed to pass a last-minute funding extension
Many workers plan to tread water as the pandemic drags on, but hope to return to the skies the mome…
David Slotnick
3 mins read
Delta will avoid involuntary furloughs for most frontline workers when federal aid expires, but pilot layoffs remain likely
Delta managed to avoid furloughing flight attendants and most other front-line workers involuntaril…