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Old Aug 14, 2019, 5:26 am
  #6  
SCLflyer
 
Join Date: Jun 2005
Programs: LATAM Black; AA EXP
Posts: 262
Originally Posted by Eastbay1K
I'd expect things to deteriorate more before they (if ever) get better. With the CLP at over $700 and the ARS in temporary chaos, the company's US$ standing is getting pretty weak. While labor is paid in local currency, a lot of the other goods and services, including fuel, is US$ based.
One of my friends that works at LATAM sent me today a screenshot of and email of LATAM's Human Resources department offering to all employees unpaid leave from September to December (minimum 30 days). There's something very suspicious in this move. Coming from an airline that historically isn't regarded particularly as a good employer makes me wonder what's the real motivation behind this.
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