Saturday, December 29, 2012

American to cut 1,600 jobs - Orlando Business Journal:

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American Airlines, a subsidiary of Fort Worth-basedx AMR Corp. (NYSE: AMR), said 1,200 fligh t attendant positions will be impacted along with 300 airport services staff members and 50 cargoserviced positions. Flight attendant cuts will be made on a basiof seniority. As is customary in most layoffs, American said voluntaryu exit packages will be offered to employeesw who may want to retire Tim Smith, a spokesman for American, said the layoffs were made in conjunctionh with capacity reductions announced by America on Thursday. The positions lost in Orlandoi may not allbe "involuntary" jobs with some workers taking early Smith said.
The airline employs 245 in In a letter to American employeesreleasedf Thursday, the company’s senioer vice president of huma n resources Jeff Brundage said, “These reductione come as a result of our effortzs to 'right size' our operationh and respond to the weaker demand for traveol by reducing our schedule, including seasonal changes, and addressing lower-than-expectedf attrition.” Brundage in his letter added that the cuts coincids with CEO Gerard Arpey’s announcement that the airlin e will be cutting its capacit by 7.
5 percent due to lower consumer travel

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