Royal Caribbean Cruises Ltd. Plans to cut 400 jobs
Royal Caribbean Cruises Ltd. plans to cut 400 jobs all due to the increase of gas prices. Since the beginning of the year the companies’ fuel bill rose to 0 million dollars. The Miami-based cruise line handed out pink slips to workers on Monday. Richard D. Fain, Chairman and Chief Executive Officer of Royal Carribbean, told the Miami Herald that, “the bulk of the jobs being cut are in Miami and in Broward.” The cruise operator announced that their second quarter earnings of .7 million …
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