United Airlines Pilots Ratify Deal That Delays Thousands Of FurloughsAirline officials said Monday that the agreement will reduce involuntary job cuts to fewer than 12,000 if Congress fails to provide more aid to airlines before a Thursday deadline. The company sent layoff warnings to 36,000 employees in July.
Pilots' Union Says It Has Deal With United Airlines To Avoid Nearly 3,000 FurloughsUnited said last week that it expected to furlough 16,370 employees in October, including 2,850 pilots, to shrink the airline in line with falling travel demand during the pandemic.
United Airlines Plans To Furlough 16,000 Workers This Fall, Fewer Than ExpectedAirline officials had outlined 36,000 potential furloughs in July. Since then, thousands of workers took early retirement, buyouts, or long-term leaves of absence.
United Airlines Warns 36,000 Employees Of Possible Furloughs, Layoffs This FallThe Wednesday announcement paints a grim picture for an air travel recovery only days after United announced it would ramp up its schedule in August.
Shedd Aquarium Cuts 36 Jobs, Furloughs Another 171 Employees“The decision to terminate employees through no fault of their own was both gut-wrenching and yet necessary to ensure the long-term viability of the aquarium."
Northwestern University Furloughs 250 Workers Amid Budget ShortfallThe university also announced top officials will be taking a 10% to 20% cut in pay and it will draw on its endowment.
Chicago's Small Business Owners Wait For Help From The City 'Expenses Piling Up'The city's Small Business Resiliency Fund totals $100 million. It provides emergency loans of up to $50,000 to businesses with 50 employees or fewer, with 50% going to payroll. Around 6,500 have applied for their share.
Macy's Furloughs Majority Of Its 125,000 Workers After Closing Stores Due To COVID-19 Outbreak"While the digital business remains open, we have lost the majority of our sales due to the store closures," the company said in a statement announcing the furloughs Monday morning.
NEIU, Chicago State In Crisis But ISU Is Coping With The Financial StarvationIllinois State University does not anticipate furloughs, faculty cuts or reductions in class offerings due to the major shortfall stemming from the state's budget crisis.
Illinois Lawmakers To Take 12 Unpaid Furlough Days Illinois lawmakers will take a pay cut starting next month under a new law signed Saturday by Gov. Pat Quinn.
Air Traffic Furloughs Could Lead To Flight DelaysThe FAA says to expect flight delays and cancellations around the country, including Chicago.
NFL Teams Cut Employee Salaries And Institute FurloughsCommissioner Roger Goodell and Jeff Pash, the NFL's lead labor negotiator, have slashed their salaries to $1 each during the owners' lockout of the players.