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Ryanair to cut up to 3,000 jobs, May Day looks different

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The outbreak of the coronavirus has dealt a shock to the global economy with unprecedented speed. Following are developments Friday related to the global economy, the work place and the spread of the virus.

________________________ AIRLINES: The aviation industry is teetering on the edge as travel demand crawls to a near standstill but costs remain. — Ryanair plans to cut as many as 3,000 jobs and close bases in Europe amid the collapse of travel due to the pandemic.

The budget airline announced a restructuring program Friday that includes plans for unpaid leave and pay cuts of as much as 20%.

It will operate less than 1% of its flights from April to June. — Domestic airlines in Thailand are resuming some regular flights, as half of the

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