Southwest CEO says airline is ‘in intensive care’ but isn’t planning to lay off or furlough workers for now

FILE PHOTO: A number of grounded Southwest Airlines Boeing 737 MAX 8 aircraft are shown parked at Victorville Airport in Victorville, California Reuters Southwest Airlines CEO Gary Kelly in a letter to employees Sunday said the airline “will not furlough or layoff any Southwest Employees on October 1, unlike” its competitors, CNN reported.The airline industry…

Southwest CEO says airline is ‘in intensive care’ but isn’t planning to lay off or furlough workers for now

FILE PHOTO: A number of grounded Southwest Airlines Boeing 737 MAX 8 aircraft are shown parked at Victorville Airport in Victorville, California

Reuters

Southwest Airlines CEO Gary Kelly in a letter to employees Sunday said the airline “will not furlough or layoff any Southwest Employees on October 1, unlike” its competitors, CNN reported.The airline industry has suffered during the COVID-19 pandemic with a significant decrease in air travel. and other airlines, like United Airlines and American Airlines, have announced plans to layoff large percentages of their workforce.Airlines that received funding through the CARES Act are unable to layoff employees through the month of September.”Further, we have no intention of seeking furloughs, layoffs, pay rate cuts, or benefits cuts through at least the end of this year,” Kelly wrote.┬áVisit Business Insider’s homepage for more stories.

Southwest Airlines CEO Gary Kelly told employees in a letter Sunday that the company would not lay off or furlough employees in October as competing airlines have announced, CNN first reported.”Further, we have no intention of seeking furloughs, layoffs, pay rate cuts, or benefits cuts through at least the end of this year,” Kelly wrote. “We have never had any of these in our 49-year history.”Nearly 17,000 of Southwest employees have taken voluntary separation packages and extended time off from the company, he wrote.”I can’t guarantee it will never happen, especially during the
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