United Airlines said it may shed almost half of its U.S. workforce, telling 36,000 employees they could be furloughed on Oct. 1 due to the pandemic
By Doug Cameron Close Doug Cameron Updated July 8, 2020 11:50 am ET United Airlines Holdings Inc. said it could be forced to shed almost half its U.S. workforce, telling 36,000 employees on Wednesday that they could be furloughed from Oct. 1 because of the pandemic-driven slump in passenger demand.
The airline is still burning through $40 million a day, the executive told reporters on Wednesday, adding that it could no longer count on a further round of government support to cover staff costs beyond Oct. 1. United employs 95,000 staff world-wide, and the potential furlough notices cover 45% of its domestic employees, though thousands have already taken buyouts in a program open through July 15. Unpaid leave and other offers also could ultimately reduce the number of involuntary cuts. Another United executive said the number of involuntary cuts required should be clearer by mid-August.
“The United Airlines projected furlough numbers are a gut punch, but they are also the most honest assessment we’ve seen on the state of the industry,” said Association of Flight Attendants-CWA President Sara Nelson in a statement.
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