Understanding current events through the lenses of the past and future.
Wall Street Journal
Spirit Airlines furloughed hundreds of pilots as the airline industry’s fight for passengers weighed on its bottom line.
https://www.wsj.com/business/airlines/spirit-airlines-curtailing-workforce-as-quarterly-loss-widens-7712856d
Intel plans to lay off thousands of employees this year and pause dividend payments in the fourth quarter as part of a broad cost-saving drive more than three years into a turnaround effort.
Airlines would have to allow parents to book seats next to young children without paying extra fees under a Biden administration proposal that seeks to address a major travel headache for families.