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Old 04-13-2020, 06:13 PM
  #5  
ELAC321
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Joined APC: Dec 2017
Posts: 218
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I still bet they take it. Sounded like the grants were going to cover 70-80% of payroll. Even with the 30% loan aspect it will still cover close to half of payroll.

I doubt we furlough half(and it'd have to be more than that to make it cost effective) After furloughs no more incintive lines which is saving currently saving money. On top of that we are required a 30 day notice for furlough. Drawing our salaries out even longer at full cost.

Expect a notice for furlough in September for Oct 1st. Gives them time to get a handle on 2021 summer demand and do downgrade/displacement training if they are allowed to downgrade per the government grant restrictions.
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