Tue, Jun 17, 2008
4,000 Employees Opt To Leave On Their Terms
They wanna to get out... perhaps while they still can. Delta Air
Lines announced Monday 4,000 employees have taken voluntary buyouts
announced earlier this year... twice the number initially forecast,
and 1,000 more than the Atlanta-based airline reported just two
As ANN reported, Delta
announced in March it would offer voluntary buyouts to some 30,000
workers, in order to trim its workforce in the face of capacity
cuts and other cost reductions. Delta also announced plans to cut
capacity by 11 percent, largely by grounding up to 90 aircraft.
The airline said at the time it hoped 2,000 workers would take
them up on their offer.
Last month, the airline said 3,000 workers had already accepted
the buyout package, reports The Detroit Free-Press. Delta
spokeswoman Betsy Talton said Friday another 1,000 non-pilot
workers had taken the deal.
The airline announced the buyouts one month before Delta
formalized plans to acquire Northwest Airlines, pending regulatory
approval. That likely added further impetus for some workers to
leave the carrier, lest they be furloughed or fired outright when
the two airlines join forces.
Following Delta's annual meeting on June 3, company president Ed
Bastian added their may be more "incremental cuts" on top of those
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