Layoffs grow as companies gauge the course of the pandemic — and prospects for federal aid. [The New York Times]
United Airlines Holdings, Inc. (UAL)
Last united airlines holdings, inc. earnings: 4/30 04:30 pm
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Source: The New York Times
ImageAmerican Airlines and United Airlines plan to furlough more than 32,000 workers on Thursday, when a deal that protected airline jobs expires.Credit...Josh Ritchie for The New York TimesAmerican employers continue to cut jobs, signaling new anxiety about the course of the coronavirus pandemic and uncertainty about further legislative relief.Furloughs of more than 30,000 workersbyThe Walt Disney Companylay off 28,000 workersAllstateMany economists say another effort like the CARES Act, passed in March, could ease the employment outlook, but an agreement has been elusive for months. Last-ditch negotiations between the White House and congressional Democrats were continuing Thursday.“It’s unclear how many companies can sustain themselves and retain payrolls that support incomes,” said Rubeela Farooqi, chief U.S. economist for High Frequency Economics. “A solid rebound in job growth is now looking more muted.”The Labor Department reported Thursday that787,000 Americans filed for state
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News
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UAL
Earnings
- 4/16/24 - Beat
UAL
Sec Filings
- 4/23/24 - Form DEFR14A
- 4/23/24 - Form 8-K
- 4/23/24 - Form 8-A12B/A
- UAL's page on the SEC website