United may cut 6,000 employees
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United Airlines is mulling plans to cut 6,000 jobs -- or 10 percent of its work force, according to the Financial Times. The move would allow the bankrupt carrier to cut annual operating costs by $655 million.
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United Airlines, trying to revamp its  business after nearly two years in bankruptcy, has told its  unions it must terminate and replace their pensions as part of  its drive to cut costs by an additional $2 billion a year.
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The company will cut more than 6 percent of its shrinking work force, as part of a plan to improve sagging financial and operational results.
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The head of UAL Corp.'s United Airlines said on Thursday the airline's restructuring plan would lead to a significant number of job losses, but it was not clear how many.
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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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Bankrupt United Airlines said on Friday it needs more labor cost cuts on top of any gains from terminating employee pensions and expects to move toward voiding its labor contracts in early November.
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UAL Corp.  on Monday announced new cuts in employees' salaries as the parent of United Airlines looks to make &#36;112 million in annual savings and emerge from bankruptcy protection.
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United Airlines, which is struggling to emerge from bankruptcy protection, said on Wednesday that it would cut 68 airplanes from its fleet, shift more responsibility
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United Airlines has said it will very likely terminate its four employee pension plans and replace them with less generous benefits. United said the drastic move was needed to attract the financing that would allow it to emerge from bankruptcy.
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The head of UAL Corp.&#39;s United Airlines on Thursday said the airline&#39;s restructuring plan would lead to a significant number of job losses, but it was not yet clear how many.
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The pilots and flight attendants at  bankrupt UAL Corp. UALAQ.OB on Monday ratified wage-cut deals  worth $311 million annually to United Airlines, possibly moving  the carrier closer to a Chapter 11 exit.
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CHICAGO United Airlines, which has been threatening to end its pensions, has sent contract proposals to its employee unions. United wants to replace future pension plans with a defined contribution plan.
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CHICAGO - United says it plans to recall 375 flight attendants who had been on voluntary furlough. United&#39;s parent company says the airline is seeing fuller planes and an increase in international flights.
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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 United Airlines (UALAQ.OB: Quote, Profile, Research) said on Friday it needs labor cost cuts on top of any gains from terminating employee pensions and expects to move toward voiding its labor contracts in early November.
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Time Warner's struggling Internet unit AOL said it was likely to lay off about 5,000 employees, or a quarter of its global workforce, in the next six months.
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United Airlines, denied federal money to help it emerge from bankruptcy and squeezed for cash, plans at least $625 million in cost cutting, top company officials told employees.