Southwest points layoff warnings to six,828 staff

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Southwest points layoff warnings to six,828 staff

Dec 3 (Reuters) - Southwest Airways Co LUV.N stated on Thursday it had issued notices to 6,828 staf


Dec 3 (Reuters)Southwest Airways Co LUV.N stated on Thursday it had issued notices to 6,828 staff warning them that they could possibly be furloughed, amid a hunch in demand for air journey because of the coronavirus disaster.

The involuntary furloughs will occur on March 15 or April 1, until Southwest reaches cost-saving agreements or the federal government enacts a passable Payroll Assist Program extension.

Bloomberg Information had reported the layoff notices earlier on Thursday.

(Reporting by Sanjana Shivdas in Bengaluru; Modifying by Devika Syamnath)

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