Debt-laden Eastar Jet is laying off more than 600 employees on Wednesday, half of the remaining 1,200 workers at the budget airline.
Eastar Jet’s pilot union on Tuesday requested the cash-strapped airline file for court receivership and withdraw its plan to lay off more than 600 employees.
Lee Su-ji resigned as director of Eastar Holdings, though she will remain CEO of the company.
Embattled Eastar Jet said Monday it will reduce its workforce by more than half as part of efforts to find a new investor after Jeju Air scrapped its plan to acquire the smaller budget carrier amid the coronavirus pandemic.
Cash-strapped Eastar Jet’s pilot union demanded the airline withdraw a plan to lay off 700 employees, adding that it still needs to deal with the unpaid wages it has owed its employees since February.
The economic recession and a boom for untact, or no-contact services from the coronavirus pandemic has contributed to the surging demand for online classes and other paid forms of distraction. Their educational goals focus on applicable skills.
Anyone can be a good person on a good day. A person’s true nature is revealed when they are forced into a corner. The same goes for a company. The sincerity and true capacity of a company surfaces when it goes through a crisis. With the Covid-19
The number of regular workers fell for the first time ever last month, though the statistic has only been compiled since 2009. In March, 18.27 million people were employed as regular workers at companies with more than one employee.