By Jonathan Levin (Bloomberg) — Norwegian Cruise Line Holdings Ltd. is furloughing about 20% of its workforce through the end of July after the coronavirus pandemic prompted the cruise industry to stop sailing.
The furloughs affect shoreside U.S. workers and some international offices, according to an emailed statement Wednesday.
“The ongoing suspension of cruise voyages is continuing to have a material impact on our business, which requires further measures in order to weather these challenging and unprecedented times as well as ensure our company’s future,” Norwegian said in the statement.
Like Carnival Corp. and Royal Caribbean Cruises Ltd., Norwegian stopped new sailings in mid-March amid growing concerns about the safety of cruising during the pandemic.
The news was reported earlier by Business Insider, which cited people briefed on the changes.
WASHINGTON, Jan 30 (Reuters) – When Marco Rubio arrives in Latin America this weekend on his first foreign trip as Donald Trump’s secretary of state, he’ll find a region reeling from the new administration’s...
Royal Caribbean Group‘s Celebrity Cruises has announced its entry into the premium river cruise market with plans to launch Celebrity River Cruises and an initial order for 10 new vessels....
Royal Caribbean said on Tuesday that 2025 was shaping up "to be another great year," with a near 23% jump expected in adjusted earnings, as it benefits from higher bookings at record prices and new river cruise itineraries.
January 28, 2025
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