{"id":348648,"date":"2020-04-29T10:24:04","date_gmt":"2020-04-29T04:54:04","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=348648"},"modified":"2020-04-29T10:56:03","modified_gmt":"2020-04-29T05:26:03","slug":"sas-slashes-5000-jobs","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/sas-slashes-5000-jobs\/","title":{"rendered":"SAS slashes 5,000 jobs"},"content":{"rendered":"<p>Scandinavias main airline SAS AB is cutting as many as 5,000 jobs or about 40% of its workforce, becoming the first major European airline to permanently slash staff numbers as travel demand collapses.<\/p>\n<p>The Stockholm-based carrier said on Tuesday it is initiating redundancies now because employees have an average notice period of six months and the carrier needs to prepare for what may be years of sluggish demand.<\/p>\n<p>The job cuts provide a taste of things to come at European airlines, which have suffered one of the biggest hits from the coronavirus pandemic, with 90% of capacity grounded. Government furlough programs have generally avoided firings in the short-term, with thousands of workers layed off temporarily.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Scandinavias main airline SAS AB is cutting as many as 5,000 jobs or about 40% of its workforce, becoming the first major European airline to permanently slash staff numbers as travel demand collapses. The Stockholm-based carrier said on Tuesday it is initiating redundancies now because employees have an average notice period of six months and the carrier needs to prepare for what may be years of sluggish demand. The job cuts provide a taste of things to come at European airlines, which have suffered one of the biggest hits from the coronavirus pandemic, with 90% of capacity grounded. Government furlough [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130],"tags":[],"class_list":["post-348648","post","type-post","status-publish","format-standard","hentry","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/348648","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=348648"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/348648\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=348648"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=348648"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=348648"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}