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Latest News

United Airlines may axe a further 6,000 jobs

by Personnel Today 2 Sep 2004
by Personnel Today 2 Sep 2004

US
carrier United Airlines is considering plans to cut another 6,000 jobs as part
a radical overhaul of its business plan, according to the Financial Times.

The
cuts, which would amount to 10 per cent of the workforce, would take $655m
(£365m) out of the bankrupt company’s operating costs.

These
reductions come on top of the 42,000 job losses since September 11 2001. The
airline filed for bankruptcy two weeks ago.

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United
Airlines is also reported to have plans to save $3bn (£1.6bn) in cash over the
next four years by terminating its defined benefit pensions plans.

Michael Millar

Personnel Today

Personnel Today articles are written by an expert team of award-winning journalists who have been covering HR and L&D for many years. Some of our content is attributed to "Personnel Today" for a number of reasons, including: when numerous authors are associated with writing or editing a piece; or when the author is unknown (particularly for older articles).

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Personnel Today
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