Southwest issues layoff warnings to 6,828 employees

(Reuters) – Southwest Airlines Co said on Thursday it had issued notices to 6,828 employees warning them that they could be furloughed, amid a slump in demand for air travel due to the coronavirus crisis.

The involuntary furloughs will happen on March 15 or April 1, unless Southwest reaches cost-saving agreements or the government enacts a satisfactory Payroll Support Program extension.

Bloomberg News had reported https://www.bloomberg.com/news/articles/2020-12-03/southwest-ramps-up-layoff-warning-with-notices-on-6-828-jobs?sref=I5jUJbND the layoff notices earlier on Thursday.

(Reporting by Sanjana Shivdas in Bengaluru; Editing by Devika Syamnath)

The post Southwest issues layoff warnings to 6,828 employees appeared first on Morningology.

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