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United Airlines plans extra 6,000 job cuts

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UpInArms Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Sep-01-04 10:14 AM
Original message
United Airlines plans extra 6,000 job cuts
http://www.channelnewsasia.com/stories/afp_world_business/view/104371/1/.html

PARIS : US airline United Airlines, currently under protection from bankruptcy, plans an extra 6,000 job cuts as part of a cost-cutting plan.

The cuts amount to a 10-percent reduction in the current workforce, the Financial Times newspaper reported on Wednesday.

<snip>

The report, quoting sources close to the matter, said the airline planned to reduce annual operating costs by 655 million dollars (536.88 million euros).

The measures were part of a reorganisation plan which president Glenn Tilton wanted to present to the board before the end of September.

...more...

Notice this announcement is in the Asian press out of Paris. Why in the world does the murkin media hate our freedom?
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hatrack Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Sep-01-04 10:17 AM
Response to Original message
1. And as we speak, economists are wondering why the CCI dropped last month
"Hmm Smithers, it appears that people lack faith in our economy!"
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fudge stripe cookays Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Sep-01-04 10:22 AM
Response to Original message
2. TDS re-run
"We're turnin a corner!"
"...Turnin a corner."
"...Turning a corner!"
"We're turnin a corner."


Really, George? Better rethink that you pompous, clueless, simian fool.

FSC
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Mizmoon Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Sep-01-04 10:23 AM
Response to Original message
3. Should never have been bailed out
to begin with.
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rsmith6621 Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Sep-01-04 02:32 PM
Response to Reply #3
4. .....
Kick
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