Gogo lays off 14 percent of its workers as airline industry struggles continue

Aircraft Interiors Expo in Hamburg Photo by Christian Charisius/picture alliance via Getty Images

In-flight Wi-Fi provider Gogo is laying off 143 people, or about 14 percent of its workforce, as people continue to avoid air travel during the COVID-19 pandemic. The company previously furloughed 600 workers and cut executive pay in April, and said Thursday that it will “continue certain furloughs and maintain the salary reductions that were previously implemented.”

The cuts will come “predominantly from the Company’s Commercial Aviation business,” according to a press release issued Thursday. Gogo applied for CARES Act funding, but it’s unclear if it ever received any assistance.

“Based on our current expectations of the scope and timing of a recovery in the industry and our Commercial Aviation business, reducing our workforce has...

Continue reading…



from The Verge - All Posts https://ift.tt/30hfgin
via IFTTT

Comments

Post a Comment

Popular posts from this blog

Remembering Joanne Pransky

A version of this post original appeared in TechCrunch’s weekly robotics newsletter, Actuator . It has been updated to include details about a new scholarship fund being raised in her honor.  I didn’t know Joanne Pransky personally, so when news of her death broke late last month, I reached out to my LinkedIn followers, asking if any of them did. “Yes,” answered one, “didn’t everyone?” Over decades of work, Pransky has left a lasting impact on the industry, bringing a uniquely human element to conversations about robotics and automation. “Joanne was the epitome of ‘Think Different,’” iRobot co-founder and Tertill CEO Helen Greiner told me over email. “She was a pioneer in calling attention to what robots would mean for society and what human society would mean for the robots.” Pransky proudly adopted the title of “the world’s first real Robotic Psychiatrist,” devoting herself to act as a conduit between humans and robots. “My ultimate goal is to help people understand their emotiona
Read more

Winging it

Image
Once again, your intrepid robotics reporter finds himself in the warm embrace of the Bay. To paraphrase Mark Twain, the warmest I was ever embraced was early summer in Santa Clara. I’m writing this from a juice place in Palo Alto (living the dream), having finished a pair of back-to-back meetings nearby. This week’s big Apple event brought me out here. As strange as it is to say, I’ve thus far missed the eye-burning smoke of Nova Scotia wildfires by traveling west to California. Very strange to view the apocalyptic New York skyline from afar. Though I suppose predictability is an element of climate change we’re going to be grappling with for . . . I don’t know, ever, probably. I’ve covered the Apple experience a bunch this week. If you have time to read only one thing I wrote on the Vision Pro headset , I’d recommend this . It’s mostly about positioning and market fit. There’s not a ton about the system that’s applicable to the manner of stuff you normally encounter in this newslet
Read more

Time for moderation?

Flexport CEO Ryan Petersen made it clear that while he was keen on buying Convoy because of the "incredible tech stack" it built, he wasn't buying its strategy. © 2023 TechCrunch. All rights reserved. For personal use only. from TechCrunch https://ift.tt/oB8wO3Q via IFTTT
Read more