Business • Economy
2020-05-16T14:08:06+00:00

Air Canada to Lay off Half of its Workers

After grounding more than 200 planes and slashing 95% of its flight capacity due to the decrease in demand as a result of the COVID-19 outbreak, the Canadian flag carrier is about to fire roughly 20,000 of its 39,000 employees. The layoffs, which will take place on the 7th of June, will affect a minimum of 19,000 staff and could go as high as 22,800.

Pentributor:
Hungarian-Canadian politics and economics enthusiast. Economics student at McGill University in Montreal.
Card reviewed by: @ericof