Delta to Cut Up to 7,000 Jobs
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Delta Air Lines Inc. DAL.N on  Wednesday said it will cut 6,000 to 7,000 jobs, or about 10  percent of its work force, over the next 18 months and drop  Dallas/Fort Worth as a hub as it tries to avert bankruptcy.
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US Airways Group Inc.'s pilots union said on Wednesday it may agree this week on a plan to cut wages and benefits to help the seventh-biggest U.S. airline avoid a second bankruptcy filing.
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Delta Air Lines Inc. DAL.N Chief  Executive Gerald Grinstein on Wednesday said his transformation  plan for the struggling No. 3 U.S. airline would include 6,000  to 7,000 job cuts over the next 18 months and a dehubbing of  its Dallas/Fort Worth operation.
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Indianapolis, Sept. 8 - The news hit an already suffering industry hard. Delta Airline&#39;s restructuring calls for a reduction of ten percent of its workforce, or about 7,000 people.
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SAN FRANCISCO (CBS.MW) -- Delta Air Lines, attempting to avert bankruptcy, said Wednesday it aims to cut $5 billion in annual costs by slashing nearly 12 percent of its work force, dropping Dallas-Fort Worth as a hub, and trimming its fleet of planes.
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Delta Air Lines Inc. chief executive Gerald Grinstein said his plan to turn around the struggling carrier includes more job cuts.
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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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Delta Air Lines  on Wednesday said it plans to eliminate between 6,000 and 6,900 jobs during the next 18 months, implement a 10 percent across-the-board pay reduction and reduce employee benefits.
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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 -- 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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Union officials representing 7,500 pilots at Delta Air Lines said Wednesday night they have reached a cost-cutting agreement with management, which presumably could halt, or at least
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Delta Air Lines Inc. said it will cut pay 10 percent for executives and most other employees and raise their health-care payments to help reduce costs and avoid filing for bankruptcy protection.
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NEW YORK, USA  - Delta Air Lines announced an aggressive restructuring plan yesterday that would cut 6,000 to 7,000 jobs and slash costs, while warning that bankruptcy remains &quot;a real possibility&quot;.
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Delta Air Lines Inc.&#39;s 7,000 pilots began 10 days of voting on a union contract proposal that would cut their salaries by nearly a third, while the company announced it secured another $500 million in financing to help the ailing airline stave off
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Delta Air Lines pilots have agreed to slash their salaries by nearly a third and forgo pay raises for five years to help the struggling airline avoid bankruptcy, their union announced Thursday.
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Delta Air Lines Inc., the number three  U.S. carrier, plans more job cuts as it struggles to avoid  bankruptcy, Chief Executive Gerald Grinstein said in a memo to  employees on Wednesday.
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AT&amp;T Corp. announced yesterday that it is cutting at least 7,500 more jobs and slashing the value of its assets by $11.4 billion, drastic moves prompted by the company&#39;s plan