Delta to Cut Up to 7,000 Jobs
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Delta will cut up to 10 percent of its work force over the next 18 months as part of a restructuring plan that the airline said would save $5 billion a year in costs by 2006.
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Layoffs by Delta Airlines in Dallas are being felt in Tulsa. Delta announced Wednesday they&#39;re cutting 7,000 jobs by drastically downsizing their Dallas hub.
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AT&T Corp.  will cut about 7,000 jobs and reduce the value of its assets by &#36;11.4 billion due to its retreat from traditional consumer telephone services, the company said on Thursday.
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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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Delta Air Lines&#39; chief executive yesterday said he is declining his six-figure salary for the rest of the year as the airline cuts by 10 percent the pay
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Delta Air Lines Inc. (DAL.N: Quote, Profile, Research) said on Wednesday it would cut 6,000 to 7,000 jobs, or about 10 percent of its work force, over the next 18
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The much-awaited &#39;Transformation Plan&#39; for Delta Air Lines Inc., one of Tampa International Airport&#39;s largest carrier, will include further job cuts, wage and benefit reductions and a new strategy that will help Delta revitalize its entire business.
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Delta Air Lines Inc.  said on Thursday it will sell 38 Boeing Co.  airplanes after delivery as part of its bankruptcy, but that it will order 10 more planes and convert an existing order of five planes to longer-range aircraft to match its restructuring plans.
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Delta Air Lines said it would cut 12 percent of its work force and said a bankruptcy filing was a real possibility."
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Delta Air Lines Inc. DAL.N said on  Tuesday it will cut wages by 10 percent and its chief executive  will go unpaid for the rest of the year, but it still warned of  bankruptcy within weeks unless more cuts are made.
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Delta Air Lines is cutting pay, increasing employees&#39; share of health-care coverage and trimming retirement benefits - all to stave off bankruptcy.
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At least 100 Delta Air Lines Inc. pilots are expected to retire effective Wednesday, the start date for a 32.5-percent pay cut agreed upon in a $1 billion
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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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Delta Air Lines said today that it expected to lose as much as $675 million for the third quarter.
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Delta Air Lines Inc. (DAL.N: Quote, Profile, Research) said on Tuesday it will cut wages by 10 percent and its chief executive will go unpaid for the
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Cingular Wireless will cut about 7,000  jobs, or 10 percent of its work force, to cut costs as it  integrates recently purchased AT&T Wireless, the company said  on Tuesday.
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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.    The job cuts representing about 10 percent of its overall work force will come over the next 18 months, Delta chief executive Gerald Grinstein said Wednesday during a meeting with 300 of the company's middle managers...