Delta CEO Asks Employees to Take More Unpaid Leave in 2021 As Industry Continues to Struggle

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  • The cost-cutting measure is the latest from airlines as they prepare for a difficult 2021.
  • About 18,000 Delta employees have accepted buyouts this year, about 20% of its pre-pandemic workforce.

Delta Air Lines CEO on Wednesday asked employees to sign up for more unpaid leave with a slump in travel to continue into 2021.

“Our voluntary unpaid leave program will continue to be essential to positioning Delta for the recovery, and we will need participants for the foreseeable future,” Ed Bastian said in a note to staff. “I ask everyone to consider whether a voluntary leave makes sense for you and your family.”

Executives at Delta and other airlines in recent weeks have warned about a slowdown in bookings as Covid-19 infections rose, making it more challenging to trim its cash burn.

www.cnbc.com/2020/12/09/delta-ceo-asks-employees-to-take-more-unpaid-leave-in-2021-d.html

 

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