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Friday, August 7, 2020

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Home Business & Finance Gogo lays off 14 percent of its workers as airline industry struggles...

Gogo lays off 14 percent of its workers as airline industry struggles continue

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Summary (IA Generated)

In-flight Wi-Fi provider Gogo is laying off 143 people, or about 14 percent of its workforce, as people continue to avoid air travel during the COVID-19 pandemic.

The company previously furloughed 600 workers and cut executive pay in April, and said Thursday that it will “continue certain furloughs and maintain the salary reductions that were previously implemented.

The cuts will come “predominantly from the Company’s Commercial Aviation business,” according to a press release issued Thursday.

The company has been shifting its business to rely more on satellite-based internet for its in-flight Wi-Fi services.