Reactions to story from International Herald Tribune
American Airlines plans nearly 7,000 job cuts
http://www.iht.com/ articles/ 2008/ 07/ 03/ business/ 03air.php
American Airlines said it expected to cut about 8 percent of its work force by the end of 2008, as it reduces flights and grounds aircraft due to high fuel prices.
Reactions / posts that link to this article
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Warning: you are about to lose your job
http://www.nickvanderleek.com/2008/07/warning-you-are-about-...Construction chief warns of 10,000 job losses Los Angeles Times to axe 250 jobs: newspaper "Thanks to the Internet, we have more readers for our great journalism than at any time in our history. But also thanks to the Internet, our advertisers have more choices, and we have less money," Stanton wrote. American Airlines plans nearly 7,000 job cuts M&F cuts fifth of workers NVDL: ABSA has also announced measures to 'trim 100 senior managers'. Right now we will see big cuts in Airlines, tourism, courier services, hauling, banking, and industries that are operating at saturation (such as the media, retail etc). This is demand destruction, but after the fact. None of these changes reflect a constructive, proactive shift, rather, it's a reactionary constriction, and probably not enough. There needs to be a complete reworking in how we operate - meaning huge investments are needed now in rail, renewable energe, nuclear energy, and organic agriculture.
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American Airlines plans nearly 7000 job cuts
http://umev.net/archives/11820American Airlines plans nearly 7000 job cuts American Airlines expects to cut nearly 7,000 employees by the end of the year, or about 8 percent of its worldwide work force, as it reduces flights and grounds aircraft because of high fuel costs, the airline told employees Wednesday. American said in a regulatory filing that it expected to record a second-quarter charge of as much as $1.3 billion to account for the layoffs and to write down the value of the MD-80 and Embraer 135 regional jets that it is retiring as it eliminates flights. The job cuts, which appear to be twice as big as those announced so far by any other carrier, could affect as many as 900 flight attendants. Июль 4th, 2008 | Posted in Unsorted | No Comments
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American Airlines plans nearly 7,000 job cuts
http://attuworld.com/just-attu/american-airlines-plans-nearl...American Airlines expects to cut nearly 7,000 employees by the end of the year, or about 8 percent of its worldwide work force, as it reduces flights and grounds aircraft because of high fuel costs, the airline told employees Wednesday. American said in a regulatory filing that it expected to record a second-quarter charge of as much as $1.3 billion to account for the layoffs and to write down the value of the MD-80 and Embraer 135 regional jets that it is retiring as it eliminates flights. The job cuts, which appear to be twice as big as those announced so far by any other carrier, could affect as many as 900 flight attendants.
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