Thread regarding Sabre Holdings layoffs

Tough all around - See Expedia, Marriott, etc.

This definitely s—s, sorry for any and all impacted at Sabre and elsewhere in both job and health fronts. But if it makes us feel any better, this is not a Sabre only issue. Check the headlines:

Expedia furlough thru Aug 31 with $3.2 BN capital raise: https://tcrn.ch/2VzLzH9
Marriott furlough April - June for 2/3rd staff: https://fxn.ws/3bB8HKS

Travel is especially hard hit, but you can find plenty of articles re: furloughs, etc., with oil companies, restaurants and tons of others. And this will unfortunately continue, as the cascade effect has not yet really reached some areas of the economy.

There are some real issues with corporate America, and for a take on that with some proposed solutions, see an interesting article in Barron's: https://example.com/3bAOqVL

Best wishes

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