United Airlines CEO Kirby’s annual base salary lower than predecessor

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FILE PHOTO: United Airlines president Scott Kirby speaks before the departure of the “Flight for the Planet”, the most eco-friendly commercial flight in history of aviation, according to the airline, from O’Hare International Airport to Los Angeles, in Chicago, Illinois, U.S., June 5, 2019. REUTERS/Kamil Krzaczynski

(Reuters) – United Airlines Holdings Inc said on Friday it would pay Chief Executive Officer Scott Kirby an annual base salary of $1 million, lower than what prior head Oscar Munoz received.

The compensation committee also approved an annual base salary of $775,000 for President Brett Hart, less than what Kirby got in the

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Ryanair’s Lauda airline to close Vienna base, 300 jobs to go

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FILE PHOTO: Ryanair Chief Executive Michael O’Leary addresses a news conference in Vienna, Austria, March 28, 2018. REUTERS/Heinz-Peter Bader

VIENNA (Reuters) – Ryanair’s (RYA.I) Austrian airline Lauda on Friday said it would shut down its main Vienna base on May 29 with the loss of more than 300 jobs in Austria after it did not manage to agree new labour contracts with the union.

Ryanair CEO Michael O’Leary said earlier in May that the group would shut down the main Vienna base of Lauda and bring in Ryanair jets instead unless staff agreed to a pay cut and

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Uber to cut 3,700 jobs, CEO Khosrowshahi to waive base salary

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FILE PHOTO: Uber’s logo is pictured at its office in Bogota, Colombia, December 12, 2019. REUTERS/Luisa Gonzalez

(Reuters) – Uber Technologies Inc (UBER.N) will cut about 3,700 full-time jobs and Chief Executive Officer Dara Khosrowshahi will forgo his base salary for the remainder of the year, the company said on Wednesday, as the COVID-19 pandemic decimates its ride-hailing business.

The company said bit.ly/2L6yJKs the layoffs included its customer support and recruiting teams, and expects to incur about $20 million in costs for severance and related charges.

Uber and rival Lyft (LYFT.O) have already withdrawn their full-year

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