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View Full Version : Delta Air Lines to offer voluntary severances



Ari707
2008-03-18, 11:06 AM
Offer to 30,000 workers part of overhaul to deal with high fuel costs

BREAKING NEWS

updated 17 minutes ago
ATLANTA - Delta Air Lines says it will offer voluntary severance payouts to roughly 30,000 employees — more than half its workforce — and cut domestic capacity by an extra 5 percent this year as part of an overhaul of its business plan to deal with soaring fuel prices.

Executives at Atlanta-based Delta said in a memo to employees Tuesday that the airline’s goal is to cut 2,000 frontline, administrative and management jobs through the voluntary program, attrition and other initiatives.

A spokeswoman says that if more than that amount agree to take the voluntary severance, that will be allowed. The severance program primarily affects mainline Delta employees.

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Delta had 55,044 total full-time equivalent employees as of the end of last year.