ABU DHABI/WAM The Central Bank of the United Arab Emirates (CBUAE) and Mercury have announced ...
Read More »Southwest Air targets pay cuts in bid to avert layoffs
Bloomberg Southwest Airlines Co will seek to cut employee compensation in a last-ditch effort to avoid the first involuntary layoffs in the company’s 49-year history. The company wants to have givebacks in place by January 1, CEO Gary Kelly told employees in a video message, warning that “we all need to sacrifice more.†Kelly won’t receive a salary through the ...
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