Spirit Airlines lays off 200 workers in cost-cutting move as firm looks to emerge from bankruptcy

Spirit Airlines is laying off approximately 200 employees as part of an effort to reduce expenses as the company looks to emerge from bankruptcy, the company said.The airline’s top executive, CEO Ted Christie, informed employees of the job cuts on Wednesday evening.Christie came under fire from Spirit shareholders late last year after it was learned that he had received a multi-million dollar retention bonus just a week before the company filed for Chapter 11 protection. 4 Spirit Airlines is laying off 20 ...