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Delta to Slash More Than 9,000 Jobs

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buzzsaw_23 Donating Member (631 posts) Send PM | Profile | Ignore Thu Sep-22-05 09:39 PM
Original message
Delta to Slash More Than 9,000 Jobs
Delta to slash more than 9,000 jobs
By Doug Cameron in Chicago
Published: September 22 2005 14:04 | Last updated: September 22 2005 23:07

Delta Air Lines on Thursday announced plans to cut up to 9,000 jobs and shed almost a fifth of its aircraft fleet in a bid to restore profitability in two years time.

The moves follow last week’s bankruptcy filing by the third-largest US airline, which has run up losses of almost $10bn over the past four years as it lost ground to lower-cost competitors.

http://news.ft.com/cms/s/ef5ddffc-2b65-11da-995a-00000e2511c8.html
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Botany Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Sep-22-05 09:41 PM
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1. the bush economic miracle rolls on.
:grr:
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barb162 Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Sep-22-05 09:48 PM
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3. I know, any good paying job with benefits is disappearing
Some of those same 9000 jobs will be shipped to other places with cheaper labor. Mechanics in South America, etc.
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VegasWolf Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Sep-22-05 09:44 PM
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2. Hallelujah!!! Praise the Bush!! n/t
:sarcasm:
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