Company/Organisation:
American Airlines
Geographic Location
Country:
World
Company
Sector:
Transportation / storage
Transportation and storage
51 - Air transport
Number Employed:
85500
Employment Effects
Announcement Date:
04-07-2008
Planned Job Reductions min:
6800
Planned Job Reductions max:
6800
Type of Restructuring:
Internal restructuring
Employment Effect Start:
01-09-2008
Foreseen End Date:
31-12-2008
Additional Information
American Airlines has announced a reduction of its workforce worldwide due to increasing energy prices this year. The company´s management has informed trade unions about its intention to dismiss up to 900 people in early September 2008. The firm has also announced that over 6,800 workers ( i.e. 8 percent of the staff) might lose their jobs by the end of 2008.
Sources:
04-07-2008Hospodárske noviny
Sources Links:
http://business.timesonline.co.uk/tol/business/industry_sectors/transport/article4260034.ece