Originally Posted by
Jimdunbar
Well, if I understood what they were saying yesterday, the won’t take the CARES money if it stipulates no layoffs or furloughs. Spirit is in survival mode at the moment and they said it’s cheaper to furlough. So unless I misunderstood or something miraculous happens, furloughs are coming
I think they were saying they would take the money and go with whatever strings were attached to it. They just didn’t want to say they wouldn’t furlough if they got more $$$ as it all depends on the language. What if it says “you can furlough up to 10%” well, they’re going to furlough 10% and take the money.