BREAKING:Delta airlines to offer payout severance to 30K -1/2 of workforce

[underpants]

Source: CNN

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[DS1]

1. lose half your workers, and keep 95% of capacity

people will be fighting to be first in line for the severance package option.

[underpants]

2. AP: Delta Airlines to offer voluntary severance payouts ...

AP: Delta Airlines to offer voluntary severance payouts to more than half its workforce and cut domestic capacity an extra 5 percent.

http://www.cnn.com/#

[strategery blunder]

3. Story is finally up at link.

http://money.cnn.com/2008/03/18/news/companies/delta_jobs.ap/index.htm?cnn=yes

[underpants]

4. Thanks

[Marrah_G]

5. My signifigant other just called to say he recieved an early retirement offer.

(From Delta) It's a very good offer and if he can line up another job he will take it. 26 weeks severence, all his holidays and 5 weeks vacation, plus his retirement benefits, travel benefits, etc etc.

He has been there more then 25 years. He loves Delta but think it might be wise to go now.

Our economy is screwed.

[LeFleur1]

6. Oh, I Don't Know

This all sounds quite romantic to me. }(

[deadmessengers]

7. There's more to the story

They are offering severance to 30,000 people, so that they can meet their target of a workforce reduction of 2,000.

Source: http://money.cnn.com/2008/03/18/news/companies/delta_jobs.ap/index.htm?cnn=yes

[kimmerspixelated]

8. I know someone who has seen many airlines come and go,

And they have reiterated that when they(an airline) are hurting it is ALWAYS because upper management wants to cut costs-no matter what it takes! Well, guess what?!!! SERVICE and SAFETY are what suffers the most!! When will these CEOS ever learn??!! Another instance of Greed! It will come back to bite them in the ass!

[Psephos]

9. I'm not disputing what you said - what is your suggestion how to do it? n/t