Management cuts

[Duke 6]

All I keep hearing about is how the WORKER BEES are taking cuts to keep their companies alive, what are the bee keepers doing at these companies. Just alittle thought before we give up the HIVE.

 

[Andy Neill]

Does this count?

From Dec 4 posting:

Also Tuesday, United said it will eliminate 8 management positions and reduce pay for remaining executives to save $60 million as the world's second-biggest carrier seeks to avoid a bankruptcy filing.

United will trim the number of officers to 36 from 44, said United spokesman Chris Brathwaite. Those remaining will have their annual compensation cut by an average of 11 percent over 51/2 years, the company said.

 

[Andy Neill]

How about this:

The company [Mesa Air] also said Chairman and Chief Executive Jonathan Ornstein, President Mike Lotz and Executive Vice President Peter Murnane had agreed to reduce their salaries 20 percent during the same period. All other management will be subject to a one-year pay freeze.

 

[Duke 6]

are United Pilots taking a 11 or 18 % pay cut.

 

[Duke 6]

I dont even want to start with Mesa Air, Are they not the ones trying to play Freedom Air against thier own employees

 

[Andy Neill]

I'm sorry. I misunderstood. I gathered from your first post that you had heard of no managment cuts. I gather from your second post, it is the QUANTITY of the cuts that is the issue. Do I have that right?

I guess using the same tactic, you could ask have 10% of the pilots at United been furloughed or have 18% of the pilot positions been eliminated as has happened with the execs there.

It was my understanding that the pilots had offered a significant pay cut contingent on the whole deal going through with other labor groups. Since the mechanics balked at the idea, none of the labor groups has agreed to any cuts. Do I have that right?