United Airlines poised to slash payroll costs
03-27-2020, 12:00 PM
#241
Gets Weekends Off
Joined APC: Jun 2008
Position: F-16
Posts: 201
Shocking, but this just out:
United Airlines warned Friday that it expects to reduce its workforce because of the rapid spread of coronavirus and severe measures to stop the disease’s spread, despite a sweeping government aid package that passed the House on Friday.
“The global economy has taken a big hit, and we don’t expect travel demand to snap back for some time,” wrote CEO Oscar Munoz and United’s president, Scott Kirby, who’s scheduled to take the helm next month, in a message to employees.
United and its competitors have slashed flying and said that even their reduced schedules are drawing few travelers. The Chicago-based airline has cut its April schedule by more than 60% and expects planes to fly less than 20% full or in the single digits in some cases, the executives said.
“And, based on how doctors expect the virus to spread and how economists expect the global economy to react, we expect demand to remain suppressed for months after that, possibly into next year,” they said, adding that they are planning for the worst.
“That means being honest, fair and upfront with you: if the recovery is as slow as we fear, it means our airline and our workforce will have to be smaller than it is today,” Munoz and Kirby wrote.
United Airlines warned Friday that it expects to reduce its workforce because of the rapid spread of coronavirus and severe measures to stop the disease’s spread, despite a sweeping government aid package that passed the House on Friday.
“The global economy has taken a big hit, and we don’t expect travel demand to snap back for some time,” wrote CEO Oscar Munoz and United’s president, Scott Kirby, who’s scheduled to take the helm next month, in a message to employees.
United and its competitors have slashed flying and said that even their reduced schedules are drawing few travelers. The Chicago-based airline has cut its April schedule by more than 60% and expects planes to fly less than 20% full or in the single digits in some cases, the executives said.
“And, based on how doctors expect the virus to spread and how economists expect the global economy to react, we expect demand to remain suppressed for months after that, possibly into next year,” they said, adding that they are planning for the worst.
“That means being honest, fair and upfront with you: if the recovery is as slow as we fear, it means our airline and our workforce will have to be smaller than it is today,” Munoz and Kirby wrote.
03-27-2020, 12:16 PM
#242
Gets Weekends Off
Joined APC: Dec 2005
Posts: 840
Originally Posted by Dicecal
Shocking, but this just out:
United Airlines warned Friday that it expects to reduce its workforce because of the rapid spread of coronavirus and severe measures to stop the disease’s spread, despite a sweeping government aid package that passed the House on Friday.
“The global economy has taken a big hit, and we don’t expect travel demand to snap back for some time,” wrote CEO Oscar Munoz and United’s president, Scott Kirby, who’s scheduled to take the helm next month, in a message to employees.
United and its competitors have slashed flying and said that even their reduced schedules are drawing few travelers. The Chicago-based airline has cut its April schedule by more than 60% and expects planes to fly less than 20% full or in the single digits in some cases, the executives said.
“And, based on how doctors expect the virus to spread and how economists expect the global economy to react, we expect demand to remain suppressed for months after that, possibly into next year,” they said, adding that they are planning for the worst.
“That means being honest, fair and upfront with you: if the recovery is as slow as we fear, it means our airline and our workforce will have to be smaller than it is today,” Munoz and Kirby wrote.
United Airlines warned Friday that it expects to reduce its workforce because of the rapid spread of coronavirus and severe measures to stop the disease’s spread, despite a sweeping government aid package that passed the House on Friday.
“The global economy has taken a big hit, and we don’t expect travel demand to snap back for some time,” wrote CEO Oscar Munoz and United’s president, Scott Kirby, who’s scheduled to take the helm next month, in a message to employees.
United and its competitors have slashed flying and said that even their reduced schedules are drawing few travelers. The Chicago-based airline has cut its April schedule by more than 60% and expects planes to fly less than 20% full or in the single digits in some cases, the executives said.
“And, based on how doctors expect the virus to spread and how economists expect the global economy to react, we expect demand to remain suppressed for months after that, possibly into next year,” they said, adding that they are planning for the worst.
“That means being honest, fair and upfront with you: if the recovery is as slow as we fear, it means our airline and our workforce will have to be smaller than it is today,” Munoz and Kirby wrote.
03-27-2020, 12:29 PM
#244
Line Holder
Joined APC: Apr 2013
Posts: 31
Originally Posted by Dicecal
Shocking, but this just out:
United Airlines warned Friday that it expects to reduce its workforce because of the rapid spread of coronavirus and severe measures to stop the disease’s spread, despite a sweeping government aid package that passed the House on Friday.
“The global economy has taken a big hit, and we don’t expect travel demand to snap back for some time,” wrote CEO Oscar Munoz and United’s president, Scott Kirby, who’s scheduled to take the helm next month, in a message to employees.
United and its competitors have slashed flying and said that even their reduced schedules are drawing few travelers. The Chicago-based airline has cut its April schedule by more than 60% and expects planes to fly less than 20% full or in the single digits in some cases, the executives said.
“And, based on how doctors expect the virus to spread and how economists expect the global economy to react, we expect demand to remain suppressed for months after that, possibly into next year,” they said, adding that they are planning for the worst.
“That means being honest, fair and upfront with you: if the recovery is as slow as we fear, it means our airline and our workforce will have to be smaller than it is today,” Munoz and Kirby wrote.
United Airlines warned Friday that it expects to reduce its workforce because of the rapid spread of coronavirus and severe measures to stop the disease’s spread, despite a sweeping government aid package that passed the House on Friday.
“The global economy has taken a big hit, and we don’t expect travel demand to snap back for some time,” wrote CEO Oscar Munoz and United’s president, Scott Kirby, who’s scheduled to take the helm next month, in a message to employees.
United and its competitors have slashed flying and said that even their reduced schedules are drawing few travelers. The Chicago-based airline has cut its April schedule by more than 60% and expects planes to fly less than 20% full or in the single digits in some cases, the executives said.
“And, based on how doctors expect the virus to spread and how economists expect the global economy to react, we expect demand to remain suppressed for months after that, possibly into next year,” they said, adding that they are planning for the worst.
“That means being honest, fair and upfront with you: if the recovery is as slow as we fear, it means our airline and our workforce will have to be smaller than it is today,” Munoz and Kirby wrote.
“what this means for you right now is that *United will not conduct involuntary furloughs or pay cuts in the U.S. before September 30th*.”
so if you’re on the bottom half of the list, like me, now would be a good time to cut costs and save up for a rainy day (if you already hadn’t saved up-this isn’t my first rodeo). Best case, the passengers come back and all the extra money you saved will still be there. Worst case, you have 6 months to find a backup plan.
we are in this together fellas
03-27-2020, 12:34 PM
#245
Gets Weekends Off
Joined APC: Mar 2020
Posts: 178
Originally Posted by viperhawgdriver
you forgot or intentionally left out the part that was earlier in the email...
“what this means for you right now is that *United will not conduct involuntary furloughs or pay cuts in the U.S. before September 30th*.”
so if you’re on the bottom half of the list, like me, now would be a good time to cut costs and save up for a rainy day (if you already hadn’t saved up-this isn’t my first rodeo). Best case, the passengers come back and all the extra money you saved will still be there. Worst case, you have 6 months to find a backup plan.
we are in this together fellas
“what this means for you right now is that *United will not conduct involuntary furloughs or pay cuts in the U.S. before September 30th*.”
so if you’re on the bottom half of the list, like me, now would be a good time to cut costs and save up for a rainy day (if you already hadn’t saved up-this isn’t my first rodeo). Best case, the passengers come back and all the extra money you saved will still be there. Worst case, you have 6 months to find a backup plan.
we are in this together fellas
03-27-2020, 12:49 PM
#247
Gets Weekends Off
Joined APC: Dec 2005
Posts: 840
Originally Posted by Dicecal
Saw the headline, my ipad is turned off and stowed for my upcoming SRL so did not see the company email. Not trying to spread doom and gloom, just latest news. Fortunately we have some time to plan...
03-27-2020, 02:07 PM
#249
Gets Weekends Off
Joined APC: Feb 2019
Posts: 215
What I’ve learned in my past 20 years in this industry is that you need to apply yourself outside of aviation...learn new skills, avoid debt, be humble, and avoid marrying someone who isn’t wealthy😄! Seriously, there’s more to life than United or being an airline pilot. Treat life like a game and enjoy the challenge...that’s why you became a pilot in the first place.
03-27-2020, 02:25 PM
#250
Gets Weekends Off
Joined APC: Jan 2009
Posts: 341
Originally Posted by Dicecal
No worries, good luck to all of us. Double furloughee myself and was hoping we would not face another thing like this in our careers....
Guess I should have never dropped out of Law school!
Guess I should have never dropped out of Law school!
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