Originally Posted by
The Outlaw
Alarmist? I'd say it's well on its way to being factual. Removing bad news from a rumor site won't make the reality any less stressful.
Stay tuned, there will be more coming...a lot more.
While my thoughts are with the affected I fully agree with you.
This is, from the companies point of view, just low hanging fruit. With simulators not running at the moment and not enough sectors available for meaningful training you are just not producing anything and since they only have to pay you 7 days (yes they doubled that for the ones affected) it was unfortunately an easy decision to cut costs. Hopefully this will buy them some time to see how the market recovers and how deep they will need to cut next round.