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American Airlines says it’s overstaffed by 20,000 employees for fall schedule

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An airline employee walks past empty American Airlines check-in terminals at Ronald Reagan Washington National Airport in Arlington, Virginia, on May 12, 2020.

ANDREW CABALLERO-REYNOLDS

American Airlines on Thursday told staff it has more than 20,000 employees it doesn’t need for its reduced fall schedule as the carrier and its competitors face weak demand for air travel during the coronavirus pandemic.

The Fort Worth, Texas-based carrier and other U.S. airlines are urging employees to take buyouts or early retirement options to reduce head count before turning to involuntary measures like layoffs. 

U.S. carriers are prohibited from laying off or cutting the pay rates of their staff…



Source cnbc.com

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