Come and get it: Hyundai and JetBlue offer refunds to the jobless

Friday, March 13, 2009

It's no doubt that part of the economic crisis is rooted in fear. People are holding back on spending even if their financial situation hasn't changed because of their anxiety about the future. Two companies are trying to address that fear as a way to increase sales. JetBlue and Hyundai are both offering refunds to people who lose their jobs.

John Krafcik, CEO of Hyundai North America Motors, and Dave Barger, CEO of JetBlue Airlines, join The Takeaway to explain their companies' refund programs for the involuntarily jobless.

"We can't predict the future, but we can certainly try to take maybe some of the unknown out of the future."
— JetBlue CEO Dave Barger on giving refunds to unemployed people

Guests:

Dave Barger and John Krafcik

Hosted by:

Farai Chideya

Contributors:

Jen Poyant

Comments [2]

Joseph

Blue Bob, did you mean to say 2012? Hmm, that's odd. So far there are no signs that JB wants to move. Even though they could save money, I heard they wanted to stay close to their largest base of operations (JFK).

Mar. 17 2009 04:21 PM
Blue Bob

JetBlue is great, but by 1012 their NYC Headquarters will move out of New York, abandoning hundreds of their New York employees.

Mar. 14 2009 11:16 AM

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