Tag Archives: airline

Business, Employment, Laff Offs

JOBS LOST-Nikola DIES-files Ch 11-CEO Convicted of Fraud

Nikola WAS worth $30 Bn Now worth $37.12 Mn CEO T. Milton, convicted of fraud, sentenced to serve 4 years Jobs lost and Lists Assets for sale Current Stock Price $.44 a Share and declining   Financial Struggles Force Nikola to Seek Bankruptcy Protection Electric vehicle (EV) manufacturer Nikola Corporation announced on Wednesday that it … Continue reading JOBS LOST-Nikola DIES-files Ch 11-CEO Convicted of Fraud →

Employment, Finance, Laff Offs

SouthWest Airlines – 1750 Jobs Cut by April

The company is letting go of %15 percent of it’s workforce.1750 Jobs cut by April! 1st time in 53 years! Current Stock %46 LOWER in the past 5 years! Still reporting positive cash flow and %202.17 Profit in last quarter (12/2024)   First Involuntary Job Cuts in Company History Southwest Airlines has announced plans to … Continue reading SouthWest Airlines – 1750 Jobs Cut by April →