Airlines, Amtrak, New York’s MTA cancel or delay thousands of layoffs after passage
Two airline giants said that they would cancel tens of thousands of planned layoffs because of aid earmarked for them in the $1.9 trillion stimulus measure passed by Congress this week, an early sign of job losses averted by the landmark package.
Scott Kirby, CEO of United Airlines, which had warned employees about 14,000 layoffs last month, said in a social media post that Congress’s new funding for airlines would allow the workers to receive their paychecks and health care through September.
American Airlines said it planned to rescind notices it sent last month to 13,000 employees about coming layoffs. Continue reading.