American Airlines will notify 25,000 employees, or 29% of its U.S. workforce, that they’re at risk of losing their jobs later this year as the carrier adjusts to a collapse in travel.
The cuts are needed because the coronavirus pandemic is still battering demand for flights, the company told employees Wednesday. The reductions would take effect after restrictions tied to U.S. payroll aid expire at the end of September, and the final cuts could be lower depending on how many workers choose a newly offered plan with early out and leave options.
