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Airlines

Mar 18, 2008

Delta Offering Severance To 30,000 Employees

Delta Air Lines said Tuesday it will offer voluntary severance payouts to roughly 30,000 employees - more than half its work force - and cut domestic capacity by an extra 5 percent this year as part of an ...

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“youbeateverythin g youknowthat ”

Joined: Apr 9, 2007
Comments: 4200
ISP Location: Medina, NY
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#1
Mar 18, 2008
 
I'm up in the air over this issue..
DFW FRED
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#2
Mar 18, 2008
 
We don't have a pension to stay for anymore. The only other thing was flight benefits and a check.
They are giving you flight benefits.
So if you can get another job doing something you might want to do and you are covered on income. Do it.
Old Man Charlie
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#3
Mar 18, 2008
 
And Georgie says the economy is just FINE.
RAY
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#4
Mar 18, 2008
 
This reminds me of what happen working for USAIR
after they filed chapter 11.My pension is handle by PBGC goverment agency now.If I'm lucky I'll be able to buy a 6 pack of beer & a potato.
Kearney
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#5
Mar 18, 2008
 
I guess for these times, this is a midcourse way... I guess it's OK..by me... until I hear a better way to get rid of deadbeat companies. GM and Ford seem to be recovering.
Jimmy Olsen
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#6
Mar 18, 2008
 
With all the hassle of security at the airport, I don't even consider flying anymore.

Joined: Mar 18, 2008
Comments: 709
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#7
Mar 19, 2008
 
Maybe Delta knows that it may soon cease as an airline corporation entirely?

Any company can only lay off so many people as the years go by before no one works there anymore.
bottlecap
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#8
Mar 19, 2008
 
Have any of the presidental candidates given any ideas on how to solve the economic problems? No, because politicians only divide up the existing economic pie they don't creat it.

Bill Gates was able to capture the software market in the 90's and brought a tremendous amount of money into the economy. He made the economic pie bigger.

America needs to pray for more economic innovators and visionaries and less big mouthed, wild spending politicians.
Cable Guy
AOL
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#9
Mar 19, 2008
 
Well I can see the "CLASS WARFARE" coming back again in the industry...hourly worker vs top salary excutives. It will begin to rip apart companies like it did after 9-11 when the cuts were made. I see the same downturn happening in the exact same fashion after 2001. Afterall the companies and the higher ups know how to do it now, they can follow the exact same game plan, the ink is still drying on the furlough plan! They have a long list they all share with excuses as to why their business model failed and why they need to go after the employees again. The big ones Delta, United, USAIRWAYS, NH will surely look at how they can get the most out of this. They will park planes, furlough employees, outsource more manitenance to El Salvador and cheap 3rd party places here in the USA, and close facilities. So I hope you all have kept your personal expenses in line and didn't do anything financially "DUMB" thinking that things will be "ROSEY" for ever. Those that have been in this career for years know that the next downturn is always around the next corner and you better be ready for it. There will have to be consolidation in this industry, there are just way to many airplanes and it is becoming more and more difficult to make money. So regardless of whether the unions are on-board mergers and Sales of routes and aircraft will be on the horizon.

“ITS TIME TO ROOST !”

Joined: Nov 19, 2007
Comments: 2375
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#10
Mar 19, 2008
 
So Delta will run their airlines 30,000 people SHORT?
Ill be keeping my head to the skies for their planes!
stew2go
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#11
Mar 19, 2008
 
This will be great fro DL, they're going to get everything they want...again. They will replace 30,000 of their employees who make a descent wage and have full benefits with 20,000 contract workers who are making minimum wage with no benefits. That is, if they can convince people to take the early out, I'm sure it will be a real "good deal".
Talt
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#12
Mar 19, 2008
 
All the airlines were much better off, and safer, before Ronald Raygun deregulated them.
Joined: Mar 19, 2008
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#13
Mar 19, 2008
 
Talt, Jimmy Carter deregulated the airlines.
Ron Reagan fired ATC strikers.

Cheers.
Delta Pilot Wife
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#14
Mar 19, 2008
 
Talt wrote:
All the airlines were much better off, and safer, before Ronald Raygun deregulated them.
I think it was Jimmy Carter who signed the deregulation act.

http://en.wikipedia.org/wiki/Airline_Deregula...
papatango
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#15
Mar 19, 2008
 
Carter deregulated the airlines not Pres Reagen
Jimmy Olsen
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#16
Mar 19, 2008
 
Reagan only fire the whole crew of radar watchers who were on strike to get a bigger slice of pizza.
Jazzy
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#17
Mar 19, 2008
 
NYWILL wrote:
So Delta will run their airlines 30,000 people SHORT?
Ill be keeping my head to the skies for their planes!
Not exactly. Delta will replace high seniortiy top of the scale workers with contract low wage workers. The early out offer make 30,000 eligible, but Delta is looking for 2000 employees to take the deal. If your thinking of a career, don't choose the airlines.
Talt
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#18
Mar 19, 2008
 
sonof pucccini wrote:
Talt, Jimmy Carter deregulated the airlines.
Ron Reagan fired ATC strikers.
Cheers.
Looked it up. By golly you're right. Carter did start the process.

Yes, Raygun fired the controllers who went on strike because of unsafe practices. Still unsafe.
63HBB
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#19
Mar 19, 2008
 
Take a good look at your ceo anderson's past because he is a pro at sucking every penny out of a company. He is offering the severance to 30000 because the offer is of little or no value and if he can get 2000 to leave he will have won.
General Lee
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#20
Mar 19, 2008
 
We had a negro ask for the jumpseat today! He was claiming to be a pilot, imagine that! If it's true, we better get rid of those "BATS", first.
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