Saturday, January 17, 2009

Layoffs All Over The Travel Industry


All of the airlines having been laying off staff over the past year. Now with the economy getting worse and businesses cutting back on travel, the layoffs are expanding

170 workers at the American Airline maintenance base are now without a job.

Rental car company Hertz Global Holdings(HTZ) said it will eliminate more than 4,000 jobs worldwide as it further cuts costs amid slowing demand.

The biggest cuts among the network carriers came at Delta Air Lines, a 10.7 percent reduction in force, and Northwest Airlines, down 5.9 percent. The two airlines merged in the fall.

AirTran cut a tenth of its work force during the 12 months. Frontier Airlines, which filed for Chapter 11 bankruptcy protection last year, whittled 15.3 percent.

Employment at regional carriers fell 6 percent in November vs. November 2007. ExpressJet, the regional carrier that flies 50-seaters for Continental as Continental Express, reduced staff by almost a third during the 12 month



Stumble Upon Toolbar

0 comments:

Google