Saturday, December 29, 2012

American to cut 1,600 jobs - Orlando Business Journal:

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American Airlines, a subsidiary of Fort Worth-based AMR (NYSE: AMR), said 1,200 flight attendanyt positions will beimpacted nationwide, along with 300 airport servicesw staff members and 50 cargo servicr positions. Flight attendant cuts will be made on a basizsof seniority. As is customary in most layoffs, American said voluntarh exit packages will be offered to employees who may want toretirr early. Tim Smith, a spokesman for said the layoffs were made in conjunctiom with capacity reductions announced by Americabon Thursday. The positions lost in Orlandop may not allbe "involuntary" jobs lost, with some workerz taking early retirement, Smith The airline employs 245 in Orlando.
In a lette to American employeesreleased Thursday, the company’s senior vice president of humamn resources Jeff Brundage said, “These reductions come as a result of our effortsx to 'right size' our operation and respondr to the weaker demand for travell by reducing our including seasonal changes, and addressingh lower-than-expected attrition.” Brundage in his letter added that the cuts coincided with CEO Gerard Arpey’s announcemeng that the airline will be cutting its capacituy by 7.5 percent due to lower consumerf travel demands.

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