Posted on 09/21/2020 5:10:38 PM PDT by Capt. Tom
Today, several crew members provided internal documentation indicating that Carnival is sending as many as 7,000 termination letters to Carnival officers and crew members.
As many as eight captains (masters), five staff captains, five guest service managers, six executive chefs and six hotel directors are among the top ship employees who are being laid off.
Carnival sent these letters via e-mails to officers and crew members who are at home on vacation or otherwise at home awaiting a vessel assignment if and when the CDC permits cruising from U.S. ports.
Carnival terminated the jobs of as many as one hundred and twenty crew members and officers working in the bridge across the Carnival fleet of ship.
The current round of terminations represents a little over 20% of the approximately 33,000 ship employees employed on Carnival Cruise Line’s diminishing fleet of ships.
Carnival Corporation recently announced that it was selling as many as eighteen cruise ships from its fleet, including four ships operated by Carnival Cruise Line including the Carnival Fantasy, Carnival Inspiration, Carnival Imagination and Carnival Fascination.
The mass firings are an insight into the state of Carnival’s dire financial affairs. According to a 8-K form which Carnival filed with the SEC last week, Carnival’s cash burn was $770,000,000 for 3Q 2020, which ended with Carnival having only “$8,200,000,000 of cash and cash equivalents.” As of August 31, 2020, “approximately 45 percent of guests affected by the company’s schedule changes have received enhanced FCCs (future cruise credits) and approximately 55 percent have requested refunds.”
“Total customer deposits balance at August 31, 2020, was $2.4 billion, the majority of which are FCCs (future cruise credits), compared to total customer deposits balance of $2.9 billion at May 31, 2020.”
(Excerpt) Read more at cruiselawnews.com ...
Links,
Good luck. Be careful, stay safe and as healthy as possible.
Companies have had to flat out lie and deceive employees who will be terminated ,especially if company computers are involved, where the employee can wreak company havoc on the computer, if they see their termination coming. -Tom
Don’t worry about getting a COVID test unless you have the symptoms.
“Ushering in the Green New Deal. Airlines are next.”
Yep. Strangle the big fuel users for entertainment travel and entertainment venues. Reduce work commuting and office HVAC fuel usage by increasing working at home. Reduce delivery truck fuel consumption by reducing the number of stores and restaurants.
Maybe rather than sending Covid patients into closed in nursing homes, cruise ships could be employed to give some a sunny fresh ocean air vacation. They just cannot come back for 2 weeks or more.
I keep thinking of the two US sailors that succumbed to this virus while at sea early in this pandemic. If that was real then I'm thinking the virus is real.
I thought Carnival was a public company, largest shareholder Mickey Arison, son of the founder.
That is what happens when you “flatten the curve.” Cases go down for a while and then go back up. The epidemic lasts longer and the total number of cases remains about the same. Compare Sweden with the UK. Sweden’s cases have continued to fall. UK’s cases fell and are now rising back up.
The U.S. has already had it’s second wave, starting immediately after the BLM mass protests and riots. Hopefully, enough protestors and rioters were infected and then infected enough of their friends and family to build up herd immunity for the rest of us.
Wrong company. He is chairman of Royal Caribbean.
Did they terminate Gopher?
Never took a cruise or will but not good news.
They were all made to walk the plank.
Splash!
I am sorry that people are getting laid off. That being said, when you run a business that charges double occupancy for single travelers I am not that sorry.
Ehh, not really a hoax. I had Covid back at the end of January, 2 weeks after returning from a cruise to Mexico. I had covid, influenza A and pneumonia and went into the hospital via ambulance. The next day in the hospital I had a heart attack (MI) in my bed. The Covid, pneumonia and influenza were attacking my heart, lungs and other organs.
I had a quad bypass to improve blood flow to the heart to aid recovery. Looking back on it the doctors seemed to be selling me the bypass as I didn’t have much blockage other than the first quadrant. But IMO they knew what they were doing and made a brilliant decision.
I did have a pretty cool ICU experience tho. For 15 hours a figure in a long, hooded robe, holding a wooden staff in his right hand peered at me from the left side of a partially opened door. I’d look at him and he’d turn away. Then I’d turn away and he’d look at me. Back and forth it went for 15 hours. I stayed awake and breathed through my mouth rather then the ventilator. Whenever I tried to go to sleep the ventilator valve would make a slapping noise and I couldn’t breath through it so I breathed through my mouth. Besides, mottled-robe guy was there keeping me awake.
The next day they removed the ventilator and robe guy was gone. Turned out the ventilator’s valve had a washer put in backwards which kept it from working properly. So I needed to stay awake and breath through my mouth and Robe guy helped me stay awake. One weird thing about him was the few times I quickly looked at him before he could turn away was both his eyes had a distinct red line along the top of his lower eyelids. I looked that up and apparently it’s a symptom of conjunctivitis. Who hallucinates an apparition with conjunctivitis?
Other than that my Covid experience was pretty real to me.
Glad you got through it. Getting more blood flow through the heart when at rest is extremely important, especially in older people.-Tom
Most every cruiser out there is banking the money they used to spend on travel. Account are overflowing in many cases.
Fewer ships and reduced capacities when sailing starts will result in the following I predict...
Many travelers willing to pay 2 to 3 times what a cruise used to cost, just to be able to get on a ship. Many will have the $$$, many will not.
I see $300 a day coming.
I noticed car rental prices have gone way up. Makes sense that reduced capacity will cause cruise prices to go up, too.
The ships were giving people other types of viruses before the chinese virus.
I will just use the boat on the lake myself : )
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