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See comment # 2 below article (likely from a DL pilot being wishful). Any comments from NW guys on accuracy (or lack thereof)?
By Harry R. Weber, AP Airlines Writer
ATLANTA — Delta Air Lines, the world's biggest carrier, will offer voluntary severance payouts to a majority of the 75,000 employees at Delta and Northwest's mainline operations as part of a plan to cut an unspecified number of jobs, executives said Friday.
Chief Executive Richard Anderson and President Ed Bastian said in a memo to employees that the program is similar to one earlier this year that Delta used to trim about 4,000 jobs. Northwest previously trimmed jobs of its own before being acquired by Delta on Oct. 29.
The executives said the cuts are necessary because Delta will be reducing systemwide capacity in 2009 by 6% to 8% because the weak economy has eroded demand for seats on airplanes.
"These capacity reductions will reduce the number of people needed to operate the airline," the executives said. "Consistent with how we have managed headcount reductions in the past, we again will offer voluntary programs to Delta employees including those who have joined from Northwest."
While the company did not say how many jobs it is seeking to cut, it said its goal is to achieve all necessary reductions through attrition, limited hiring and the introduction of the voluntary severance programs. Spokeswoman Betsy Talton said the majority of mainline employees are eligible to apply for the severance payouts, though she could not provide a specific number.
Delta and Northwest's mainline operations include 75,000 employees. The entire company, including regional subsidiaries Comair, Mesaba and Compass, has about 85,000 employees. The 12,000 pilots of Delta and Northwest and certain management and administrative employees are not eligible for the voluntary severance programs.
The voluntary severance programs, to be offered in January, include one for employees with 10 or more completed years of service, whose completed years of age and service add up to at least 55. The second program is an early-out program that will be offered to those employees who do not qualify for the first program but who are frontline/contract ground and flight attendant employees with five or more years of service and merit/salaried employees hired before the first of next year.
Delta hinted Dec. 2 at an investor conference that more job cuts could be on the way as it disclosed its capacity reduction plans for 2009. Domestic capacity in 2009 will be reduced 8% to 10% compared to 2008, while international capacity will be reduced 3% to 5% next year compared to this year.
Shares of Delta added 53 cents, or 5.3%, to close at $10.50.
Copyright 2008 The Associated Press.
Comments: (2)Showing: Newest first Oldest first
alexgkc wrote: 54m ago
Let's work together to solve the unemployment crisis.
We want to know what jobs you are looking for, and will then reach out to the relevant employers to provide the opportunities you are looking for.
JobsTAXI Saves Main Street: http://www.jobstaxi.com/savemainstreet
http://javascript<b></b>:void('Recommend')
FlyWaves wrote: 2h 6m ago
Waves: Delta has offered these types of voluntary severance packages twice before. Amazingly, they got more volunteers than they were asking for both times. I suspect they will get ample volunteers this time as well. Unfortunately, the pre-merger NWA’s pilot group will most likely be getting around 800 or more furlough notices in the near future. Prior to the merger, NWA’s permanently removed many mainline aircraft from service creating 300 to 500 excess NWA’s pilots. To avoid furloughs, each NWA’s pilot was flying a reduced schedule. Pilots sometimes call this the furlough mode and this generally last for several years until all pilots are eventually recalled. Delta has already announced an 11% to 15% seat capacity cut. Most of this will most likely come from the removal of the remaining old NWA’s DC-9 aircraft which will undoubtedly create hundreds of pre-merger NWA’s pilot furloughs. Delta has also indicated a possibility of cancelling all of the NWA’s 787 orders. These were aircraft that the NWA’s pilot group was hoping for to offset their increasingly overmanned dilemma. It’s not looking too good for the NWA’s pilot group, but in light of the current economic situation, this was inevitable, with or without the merger
Delta offers voluntary severance programs as it trims jobs ('12/15/2008 8:06 AM'));3h 45m ago | Comments 2 | http://javascript<b></b>:void('Recommend')
By Harry R. Weber, AP Airlines Writer
ATLANTA — Delta Air Lines, the world's biggest carrier, will offer voluntary severance payouts to a majority of the 75,000 employees at Delta and Northwest's mainline operations as part of a plan to cut an unspecified number of jobs, executives said Friday.
Chief Executive Richard Anderson and President Ed Bastian said in a memo to employees that the program is similar to one earlier this year that Delta used to trim about 4,000 jobs. Northwest previously trimmed jobs of its own before being acquired by Delta on Oct. 29.
The executives said the cuts are necessary because Delta will be reducing systemwide capacity in 2009 by 6% to 8% because the weak economy has eroded demand for seats on airplanes.
"These capacity reductions will reduce the number of people needed to operate the airline," the executives said. "Consistent with how we have managed headcount reductions in the past, we again will offer voluntary programs to Delta employees including those who have joined from Northwest."
While the company did not say how many jobs it is seeking to cut, it said its goal is to achieve all necessary reductions through attrition, limited hiring and the introduction of the voluntary severance programs. Spokeswoman Betsy Talton said the majority of mainline employees are eligible to apply for the severance payouts, though she could not provide a specific number.
Delta and Northwest's mainline operations include 75,000 employees. The entire company, including regional subsidiaries Comair, Mesaba and Compass, has about 85,000 employees. The 12,000 pilots of Delta and Northwest and certain management and administrative employees are not eligible for the voluntary severance programs.
The voluntary severance programs, to be offered in January, include one for employees with 10 or more completed years of service, whose completed years of age and service add up to at least 55. The second program is an early-out program that will be offered to those employees who do not qualify for the first program but who are frontline/contract ground and flight attendant employees with five or more years of service and merit/salaried employees hired before the first of next year.
Delta hinted Dec. 2 at an investor conference that more job cuts could be on the way as it disclosed its capacity reduction plans for 2009. Domestic capacity in 2009 will be reduced 8% to 10% compared to 2008, while international capacity will be reduced 3% to 5% next year compared to this year.
Shares of Delta added 53 cents, or 5.3%, to close at $10.50.
Copyright 2008 The Associated Press.
Comments: (2)Showing: Newest first Oldest first
alexgkc wrote: 54m ago
Let's work together to solve the unemployment crisis.
We want to know what jobs you are looking for, and will then reach out to the relevant employers to provide the opportunities you are looking for.
JobsTAXI Saves Main Street: http://www.jobstaxi.com/savemainstreet
http://javascript<b></b>:void('Recommend')
FlyWaves wrote: 2h 6m ago
Waves: Delta has offered these types of voluntary severance packages twice before. Amazingly, they got more volunteers than they were asking for both times. I suspect they will get ample volunteers this time as well. Unfortunately, the pre-merger NWA’s pilot group will most likely be getting around 800 or more furlough notices in the near future. Prior to the merger, NWA’s permanently removed many mainline aircraft from service creating 300 to 500 excess NWA’s pilots. To avoid furloughs, each NWA’s pilot was flying a reduced schedule. Pilots sometimes call this the furlough mode and this generally last for several years until all pilots are eventually recalled. Delta has already announced an 11% to 15% seat capacity cut. Most of this will most likely come from the removal of the remaining old NWA’s DC-9 aircraft which will undoubtedly create hundreds of pre-merger NWA’s pilot furloughs. Delta has also indicated a possibility of cancelling all of the NWA’s 787 orders. These were aircraft that the NWA’s pilot group was hoping for to offset their increasingly overmanned dilemma. It’s not looking too good for the NWA’s pilot group, but in light of the current economic situation, this was inevitable, with or without the merger
