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Stock impact report

Alaska Air Faces Hawaiian Layoffs And Union Shift As Investor Pressure Mounts [Yahoo! Finance]

Alaska Air Group, Inc. (ALK) 
Last alaska air group, inc. earnings: 1/28 04:01 pm Check Earnings Report
US:NYSE Investor Relations: investor.alaskaair.com/investors
Company Research Source: Yahoo! Finance
Get insights on thousands of stocks from the global community of over 7 million individual investors at Simply Wall St. Hawaiian Airlines is laying off additional nonunion employees following Alaska Air Group's acquisition of Hawaiian Holdings. The merger related workforce changes now total several hundred job losses across the combined organization. Since the acquisition, over 1,200 positions at Hawaiian have become unionized, including aircraft maintenance professionals who recently voted in favor of union representation. These labor shifts are reshaping the operational and financial profile of Alaska Air Group and its new Hawaiian subsidiary. For investors watching Alaska Air Group, NYSE:ALK, the workforce reset at Hawaiian comes on top of a tough stretch in the stock. Shares recently closed at $38.0, with returns of a 10.2% decline over the past week and a 31.2% decline over the past month, and the stock is 26.2% lower year to date. Over a longer period, NYSE:ALK has de Show less Read more
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