Royal Caribbean sheds 26% of U.S. workforce as coronavirus hits travel

spike

FILE PHOTO: A Royal Caribbean International cruise ship is seen at Circular Quay in Sydney Harbour, days after Australian Prime Minister Scott Morrison announced that international cruise ships would no longer be allowed to dock at Australian ports due to the coronavirus disease (COVID-19), in Sydney, Australia, March 18, 2020. REUTERS/Loren Elliott

(Reuters) – Royal Caribbean Cruises Ltd (RCL.N) said on Wednesday it would lay off or furlough about 26% of its workforce in the United States, affecting nearly 1,300 of its more than 5,000 employees in the country, as the coronavirus chokes international travel.

The news comes as the fast-spreading pandemic led to the extension of the “no sail order” for all cruise ships by the U.S. Centers for Disease Control, as it looks to curb the spread of the virus.

“A majority were layoffs,” a company spokesperson said, without specifying separately the percentage of furlough and layoffs.

Miami Herald reported the news earlier in the day adding that most of the reductions are permanent layoffs, though some were 90-day furloughs with paid benefits.

Reporting by Ayanti Bera in Bengaluru, Editing by Sherry Jacob-Phillips

Source Article

Next Post

Dollar stands tall as U.S. retail slump fans flight to safety

TOKYO (Reuters) – A flight to safety bid pushed the dollar higher against its peers on Thursday after dire retail and factory data showed the severity of the collapse in U.S. economic activity caused by the novel coronavirus pandemic. FILE PHOTO: An employee counts U.S. dollar banknotes at a foreign […]