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United Airlines to cut more than 16,000 jobs as coronavirus pummels industry

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United Airlines said on Wednesday it is preparing to furlough 16,370 workers on Oct. 1 as the coronavirus pandemic continues to devastate the airline industry.Chicago-based United had over 90,000 employees before the pandemic brought the industry to a near standstill in March and had warned in July that 36,000 jobs were at risk of involuntary furloughs as demand remains weak.

United Airlines drops widely unpopular $200 ticket change fee It reduced the final number of forced cuts thanks to demand for voluntary departures or temporary leaves.Airlines received $25 billion in U.S.

government stimulus funds in March meant to cover payrolls and protect jobs through September, when the industry had hoped for a rebound.As bailout money runs out.

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