Qantas Airways to Stand Down 2,500 Employees Due to COVID-19 Lockdown in Sydney

Qantas will stand down around 2,500 of its employees for about two months due to the extended COVID-19 lockdown in Sydney that affects air travel across Australia. The airline announced on Aug. 3 that the stand down will directly impact …

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Nissan UK Furloughs Workers Amid Chip Shortage

Nissan Motor has furloughed around 800 workers at its UK assembly plant due to the worsening global chip shortage. “We are adjusting production, and the number of workers daily, due to the semiconductor shortage. There were times when staff were …

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Volkswagen to Layoff at least 4000 in Germany

Volkswagen plans to cut as many as 4,000 of its workers at its plant in Germany, offering early an partial retirement for its older employees. Volkswagen made a statement earlier this morning that it would offer partial retirement plans for …

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Delta Reaches Cost Reduction Deal with Unions, Southwest Announces Layoffs

Delta Air Lines has reached a deal with its pilots to implement pay cuts to avoid furloughs along with Southwest Airlines’ warning of massive layoffs, as both U.S. airlines attempt to implement deep cost-cutting plans to withstand one of the most painful recessions in aviation history.

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