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The Carnival Corporation, the world’s largest cruise company, operating Carnival Cruise, Holland America and Princess Cruises, announced layoffs and furloughs this morning, in addition to pay cuts across senior management, to help weather the economic storm of Covid-19.
Carnival and its competitors haven’t sailed since March, when most shutdown orders went into effect. But, just last week, the cruise line announced that it would begin a phased return to service, bringing roughly eight ships to ports in Florida and Texas by Aug.
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