Sunday, December 18, 2011

American to cut 1,600 jobs - New Mexico Business Weekly:

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American Airlines, a subsidiary of Fort Worth-basec AMR Corp. (NYSE: AMR), said 1,200 flight attendant positions will be impacted along with 300 airport services staff members and 50 cargoservice positions. Flighty attendant cuts will be made on a basiszof seniority. As is customary in most layoffs, American said voluntar exit packages will be offeredf to employees who may want toretirre early. In addition, 40 previously announced job cuts will be made atthe airline’s Kansaxs maintenance facility. In the Dallas-Foryt Worth area alone, Americann will be cutting 66 airport services and cargo which includesbaggage handlers, as well as 67 flight attendant positions.
Tim Smith, a spokesmamn for American, said the layoffxs were made in conjunction with capacitu reductions announced by Americanon Thursday. In a letter to American employees released Thursday, the company’s senior vice presidentt of human resources Jeff Brundage said, “These reductions come as a resulf of our efforts to 'right size' our operation and respond to the weakerr demand for travel by reducing our schedule, including seasonal changes, and addressinfg lower-than-expected attrition.” Brundage in his lette added that the cuts coincide with CEO Gerard Arpey’s announcement that the airline will be cuttinyg its capacity by 7.
5 percent due to lower consumer travep demands. American serves customers in central New Mexicl from the AlbuquerqueInternational Sunport.

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