United Airlines announces executive cuts, part of 30% reduction in management, support staff
United Airlines will cut 13 of its 67 senior executive positions, the company said Friday.
Eight of its executives will leave Oct. 1, and five openings will not be filled.
The moves are part of United’s plan to cut management and support staff by at least 30% in October, the earliest it can do so under terms of $5 billion in federal aid it is getting to help cover payroll cost, according to The Associated Press.
United Airlines President Scott Kirby has issued bleak outlook after bleak outlook since the coronavirus crisis began hitting U.S. airlines in late February, noting each time that he was laying out a worst-case scenario.