American Airlines plans 1,100 layoffs
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American Airlines, the world&#39;s largest airline and a major supplier of passenger transport to Hawaii, has announced plans to furlough 450 pilots and 650 mechanics over the next few months because of soaring jet fuel costs.
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KANSAS CITY, Mo. About 400 workers will lose their jobs at the American Airlines maintenance base in Kansas City, a union official said.
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American Airlines reported Monday that it will defer the delivery of 54 aircraft in order to postpone capital spending and allow the airline more flexibility in its restructuring.
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Chrysler Group plans to cut 1,000 salaried jobs by the end of June, the first action under a previously announced turnaround plan that targets a total of 13,000 job cuts, the automaker said on Friday.
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Alaska Air Group Inc. announced Thursday that it will eliminate about 900 jobs over the next year -- nearly 200 in the Seattle area -- as it joins other major US airlines in making deep payroll cuts.
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Putnam Investments said Monday it will cut about 100 jobs, an announcement that came a week after parent company Marsh &amp; McLennan Cos.
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General Motors Corp., the world&#39;s largest automaker, announced Tuesday that the 1,100 remaining workers at its Baltimore assembly plant will lose their jobs next year when
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Delta Air Lines Inc. (DAL.N: Quote, Profile, Research) , the No. 3 US carrier, said on Sunday it will cut 2,000 aircraft-maintenance jobs, up to 3,100 customer-service jobs, and between
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At least 100 Delta Air Lines pilots are expected to retire effective Wednesday, the start date for a 32.5 percent pay cut agreed to in a $1 billion concessions package to help save the nation's third largest air carrier from bankruptcy.
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Carrier says cuts in management, support positions are 1% of workforce; trying to avoid wage cuts. NEW YORK  - Continental Airlines Inc.
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Record high prices for jet fuel is the reason why American Airlines is being force to cut more than 1,000 employees, says CEO Gerard Arpey.
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Facing a $200 million operating deficit, the American Red Cross is preparing to cut as much as one-third of its headquarters staff, up to 1,000 employees, and pare regional management.
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American Airlines, reeling from surging fuel costs, rock-bottom fares and hurricanes, plans to cut as many as 250 jobs at Lambert Field next month, potentially more than 10 percent of its St.
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The Chrysler Group will offer hourly workers in the United States up to $100,000 to leave the company as part of a recovery plan announced this month.
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FORT WORTH, Texas -- American Airlines says more job cuts are on the way after the airline had already planned about 1,000 layoffs.
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America West Airlines officials say they want to help pick up the pieces as low-cost carrier ATA goes through bankruptcy reorganization.
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Chrysler LLC said on Monday it is offering buyouts of up to $100,000 each to hourly workers at 12 of its Detroit-area facilities as part of its November plan to eliminate up to 10,000 unionized jobs.