Gogo lays off 14 % of its staff as airline business struggles proceed

Aircraft Interiors Expo in Hamburg Photograph by Christian Charisius/image alliance through Getty Photos

In-flight Wi-Fi supplier Gogo is shedding 143 folks, or about 14 % of its workforce, as folks proceed to keep away from air journey through the COVID-19 pandemic. The corporate beforehand furloughed 600 staff and minimize govt pay in April, and stated Thursday that it’s going to “proceed sure furloughs and keep the wage reductions that have been beforehand carried out.”

The cuts will come “predominantly from the Firm’s Business Aviation enterprise,” in accordance with a press launch issued Thursday. Gogo utilized for CARES Act funding, nevertheless it’s unclear if it ever obtained any help.

“Based mostly on our present expectations of the scope and timing of a restoration within the business and our Business Aviation enterprise, lowering our workforce has…

Proceed studying…