American Airlines to cut thousands of jobs
DALLAS, TX (AP) — The parent company of American Airlines wants to
eliminate about 13,000 jobs or 15 percent of its workforce.
The nation’s third-biggest airline is remaking itself under bankruptcy
protection, and it’s trying to cut labor costs by 20 percent.
The cuts will fall most heavily on the airline’s maintenance operations,
which will lose 4,600 jobs. More than 4,000 additional ground worker jobs
will be eliminated, as will 2,300 flight attendant jobs.
Management will be reduced by 1,400 employees, with the most narrow cut
coming among pilots and first officers, which will only see a reduction of 400.
Thomas Horton, CEO of American Air parent AMR Corp., said in a letter to American
employees, “We will end this journey with many fewer people. But we will also
preserve tens of thousands of jobs that would have been lost if we had not
embarked on this path.”
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