The sale to an unnamed buyer was announced last week and state labor officials received a notice late last week that the layoffs could be coming. Island Air officials indicated that they do not have enough information now to say whether there will be layoffs and, if so, how many people would lose their jobs.
Island Air estimated that any layoffs would occur after March 11, which is 60 days after the filing of the notice, and that up to 245 employees could lose their jobs. That number represents the entire work force on the company’s payroll, Michael Rodyniuk, executive vice chairman of the board of Gavarnie Holding LLC, Island Air’s parent company, told PBN in an email.
“The potential acquirer has indicated it expects Island Air will engage in right sizing of the Island Air workforce as it transitions to new ownership,” Island Air President Les Murashige wrote in the letter to the company’s employees. “At this time we do not have enough information to be able to tell you the impact a possible transaction may have on you, other than to provide you with this notice.
“We will continue to update you regularly on relevant developments and you will receive further information on benefits and eligible services as the transaction advances,” Murashige wrote.
The company will know more about any changes in the workforce in the coming weeks, Rodyniuk said.
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Employees at Island Air have been notified that layoffs are possible when the company is sold to an undisclosed buyer.
The 245 employees received a letter alerting them that the sale could be complete by Mar. 11.
The letter from Island Air says the new buyer will "engage in a right sizing of the workforce" but it does not know what that will mean for employees
The notice to employees complies with state law that requires 60 days notice before any possible mass layoff.
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