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Stock impact report

JetBlue is giving employees $1,000 bonuses [CNN]

JetBlue Airways Corporation (JBLU) 
Last jetblue airways corporation earnings: 1/23 07:00 am Check Earnings Report
US:NASDAQ Investor Relations: investor.jetblue.com/investor-relations
Company Research Source: CNN
JetBlue is giving employees $1,000 bonuses JetBlue said it's handing out $21 million worth of bonuses to employees because of the corporate tax cut. All 21,000 of the airline's employees will get $1,000 bonuses, except for the CEO and executive vice presidents. The airline said the bonuses apply to crewmembers employed as of Dec. 31, 2017, and they will be paid out by the end of February. "We believe these tax changes will be positive for our company, and provide us the opportunity to do good things for our crew members, customers and shareholders," said CEO Robin Hayes in a statement co-signed by the executive vice presidents. Republicans in Congress and President Trump approved a new law last month that cuts the corporate tax rate from 35% to 21%. A spokesman for JetBlue declined to tell CNNMoney how much the company would save from this tax cut. Related: Only a small slice of corporate America had share the tax cuts so far Other airlines have announced similar bonuses. America Show less Read more
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