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Delta offers buyouts to 75,000 employees
Despite promises that job cuts will be minimal as a result of the Northwest/Delta merger, Delta recently offered buyouts to 75,000 employees. Delta CEO Richard Anderson explained that the airline needs to make the cuts because of the economy: "To deal with the effect of the recession, we are moving quickly and decisively to decrease system-wide capacity by 6 to 8%." This could be bad news for Delta employees. Severance packages are offered in lieu of lay-offs, but if not enough workers opt for the buyouts... Northwest and Delta have hinted that their merger will lead to an unspecified number of job cuts. The Delta buyouts might allow Northwest employees at hubs in Minneapolis and Detroit to rest a little easier. Delta is offering buyouts to its own employees instead of swooping in to Northwest hubs and giving their own workers the best jobs. The only thing that is certain is that the drama is far from over.
[Via Today in the Sky]
