United Airlines released a statement on 03/27/2020 which states it won't furlough its employees or cut their pay after lawmakers approved the $2 trillion bailout to respond to the economic fallout of the coronavirus, including the pandemic's impact on air travel, but said a smaller workforce is possible if the demand rebound is slow.

"The impact of COVID-19 on demand for air travel has been dramatic and unprecedented -- far worse than even the aftermath of 9/11," United Chief Executive Oscar Munoz said in a memo to United's nearly 100,000 employees. "United will not conduct involuntary furloughs or pay cuts in the U.S. before September 30th," the memo said. Virtually all airlines have announced schedule and capacity cuts, hiring freezes, and cost-cutting measures as the outbreak worsened and flying slowed to a trickle. United said Friday it expects to make further schedule cuts for May and June. Demand is likely "to remain suppressed for months after that, possibly into next year," the company said. "If the recovery is as slow as we fear, it means our airline and our workforce will have to be smaller than it is today."

Full story: https://www.marketwatch.com/story/un...ees-2020-03-27