Delta to Cut 9,000 Jobs

Uncategorized September 22 2005 0 Comments

Just a quick note:  Delta just announced that they will cut 9,000 jobs, cut executive pay by 15% (the CEO will take a 25% cut), cut domestic capacity by 20%, increase international capacity by 25%, and eliminate 80 more aircraft.  It’s quite impressive how quickly they’ve pulled this plan together…implementing it will be a different story.  That said, they clearly want to reinvent this airline and I’ll give them credit for understanding that small changes won’t help.

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