Washington (CNN Business) Southwest Airlines says it will ask employees to take pay cuts to keep their jobs. Kelly said that company leaders will take a 10% pay cut for 2021 and that noncontract employees could face the same. Kelly has pledged to not furlough employees in 2020, but said "we simply cannot afford to continue with the conditions required to maintain full pay and employment." Southwest was not among the carriers to furlough roughly 50,000 workers industry-wide when federal pandemic payroll support expired last week. Congress has not acted on the six-month extension of the Payroll Support Program that airlines say they desperately need to reverse just-enacted furloughs.

Source: CNN October 06, 2020 15:22 UTC