Carnival Corporation CEO tells employees in a leaked video that there are no mass cuts coming as industry reels from coronavirus pandemic: 'We'll be in a position to survive this' even as operations stop
While cruise lines, hotels, and other travel companies furlough or lay off employees in the wake of the coronavirus, Carnival Corporation's CEO told employees in a video sent out early this week that he isn't planning layoffs or pay cuts through June.
The CEO said Carnival's plan does not include mass cuts in employee numbers or compensation, unlike at Norwegian Cruise Line Holding, which Of Carnival Corporation's 150,000 employees, there are a couple of hundred people at the director level, one former Carnival employee estimated.
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