CARNIVAL Corporation has announced layoffs, furloughs, four-day work weeks and salary reductions, to help the company strengthen its ability to manage an extended pause in cruising. Carnival is undertaking the measures to further strengthen liquidity if the global cruise suspension lasts longer than is currently manageable. The moves will save...
CARNIVAL Corporation has announced layoffs, furloughs, four-day work weeks and salary reductions, to help the company strengthen its ability to manage an extended pause in cruising.
Carnival is undertaking the measures to further strengthen liquidity if the global cruise suspension lasts longer than is currently manageable.
The moves will save hundreds of millions of dollars in cash annually, the Corporation said.
“Taking these extremely difficult employee actions involving our highly dedicated workforce is a very tough thing to do,” Carnival Corporation President & Chief Executive Officer Arnold Donald bemoaned.
“Unfortunately, it’s necessary, given the current low level of guest operations and to further endure this pause.
“Understanding the impact this is having on so many strengthens our resolve to do everything we can to return to operations when the time is right.”
In a message to the local team, Carnival Australia President Sture Myrmell expressed regret about the changes, which will take effect from 01 Jun and 01 Jul.
The Miami Herald reports the measures will affect more than 1,300 workers at its Florida headquarters, which is almost half the head offices’ workforce, with Carnival UK undertaking similar measures at its Southampton base.
