United Airlines evaluates further 'cost cutting measures' such as 60% payroll reduction

United Airlines CEO Oscar Munoz, president Scott Kirby and labor union partners, in a message to employees, stated (20-Mar-2020) the airline will soon be required to introduce "even more cost-cutting measures" in "order to keep our company afloat" as travel demand "continues to plummet". They stated: "If Congress doesn't act on sufficient government support by the end of March, our company will begin to take the necessary steps to reduce our payroll in line with the 60% schedule reduction we announced for April. May's schedule is likely to be cut even further". They warned that "while many in Washington, D.C. now realise the gravity of this situation, time is running out". The leaders urged employees to apply for a company offered leave of absence, in order to further reduce costs. [more - original PR]