United CEO sees &quot;significant&quot; job cuts
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Won&#39;t confirm reports of 6,000, or 10% of the airline&#39;s work force; may terminate pension plan. BRUSSELS, Belgium  - The head of UAL Corp.
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UAL Corp. (UALAQ.OB: Quote, Profile, Research) on Monday announced new cuts in employees&#39; salaries as the parent of United Airlines looks to make $112 million in annual savings and emerge from bankruptcy protection.
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CHICAGO Sept. 17, 2004 - Struggling to put together a new bankruptcy exit plan, United Airlines said Friday it is in talks with its unions about the need for an additional $500 million in cost cuts.
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ATLANTA - Delta Air Lines will cut up to 7,000 jobs, reduce wages and pull back at its Dallas-Fort Worth airport hub as part of a sweeping restructuring plan that could still leave it vulnerable to bankruptcy, company CEO Gerald Grinstein said Wednesday.    The job cuts representing about 10 percent of its overall work force will come over the next 18 months, Grinstein said during a meeting with 300 of the company's middle managers...
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ATLANTA -- Struggling Delta Air Lines Inc. plans additional job cuts as part of its effort to avoid bankruptcy, chief executive Gerald Grinstein said yesterday in a memo to employees.
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The head of the United Auto Workers union on Monday said that a strike against the struggling U.S. auto industry remains a possibility should workers be unable to agree on terms with the three Detroit-based automakers in contract talks starting this week.
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Union workers may face a 23 percent slash in pay; United says it needs cash reserves. United Airways asked a bankruptcy judge to impose a 23 percent pay cut on its union workers, including pilots and attendants.
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Bankrupt US Airways Group. Inc.  UAIRQ.OB said on Monday it would eliminate hundreds of  management and nonunion jobs and impose wage and other cuts to  save more than $45 million annually as it tries to overhaul its  business and survive.
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United Airlines parent UAL (UALAQ:OTC BB - news - research) set plans to cut nonunion workers&#39; pay as part of an effort to slash costs and emerge from bankruptcy protection.
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US Airways UAIRQ.OB plans to cut  its executive payroll by 20 percent, reducing pay and benefits  for its 3,000 managers and eliminating positions, The  Washington Post reported on Wednesday.
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United Airlines said it will need to cut more than $1 billion from its annual costs, a much higher figure than previous estimates.
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United Airlines said yesterday that further job cuts will be necessary as it continues slashing costs in order to get out of bankruptcy.
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CHICAGO - United Airlines&#39; workers are getting formal details on how the bankrupt company wants to replace their traditional pension with a 401(k)-style benefit plan - plus further steep reductions in pay and other benefits.
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CHICAGO United Airlines says it will need even more labor cuts than anticipated to get out of bankruptcy. United told a bankruptcy court judge in Chicago today that it intends to start talks with unions next month on a new round of cost savings.
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United Airlines has signaled that it may terminate and replace employee pension plans, a move its parent company says is needed before it can emerge from Chapter 11 bankruptcy.
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Job cuts at Airbus may be up for debate at a company board meeting, a union at the planemaker warns.
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US Airways today won most of the emergency pay cuts it said were critical to avoid liquidation and United said it wanted to terminate its labor contracts and would seek deeper cuts from its employees.