United Airlines Warns Employees of 'Significant' Job Cuts

Home>>World

Last updated at: (Beijing Time) Tuesday, December 31, 2002

United Airlines Warns Employees of 'Significant' Job Cuts

United Airlines has informed its staff that it will announce "significant" layoffs in short order, a spokesman for the bankrupt carrier said on Monday.

DISCUSSION

CHINESE

SEND TO FRIEND

United Airlines has informed its staff that it will announce "significant" layoffs in short order, a spokesman for the bankrupt carrier said on Monday.

The airline did not elaborate on the scope or timing of the job cuts that come as the carrier tries to cost-cut its way back to profitability.

United Airlines, the second biggest airline in the United States, became the largest failure to date in the US aviation industry when it filed for bankrupt protection on December 9.

Under the US federal law, the airline is obliged to give its employees notice of impending job cuts under the reorganization plan to get out of the bankrupt protection.

Four of the airline's six unions announced that they had agreed tentative wage cuts with the carrier on Friday.

Under the agreements, pilots will take a 29 percent wage cut, flight attendants will see their pay reduced by nine percent and two smaller unions representing flight dispatchers and meteorologists will take a 13 percent pay cut.

Questions?Comments? Click here

United Airlines Parent Signals Possible Bankruptcy Protection Filing

United Airlines Files for Bankruptcy

Controversial US Scientist Claims Birth of First Cloned Human ( 2 Messages)

US Image Is Worsening Worldwide: Review ( 2 Messages)

Pyongyang Orders IAEA Inspectors to Leave ( 2 Messages)

China Set Trade Growth Goal at 7 Percent in 2003 ( 8 Messages)

China Launches 'Shenzhou IV' Unmanned Spacecraft ( 9 Messages)