American to notify 11,000 workers of possible layoffs
By Aaron Karp | September 19, 2012
American Airlines (AA) said it will notify about 11,000 employees they are in danger of being furloughed within 60 to 90 days, but added it expects just 4,000 workers receiving the notices to actually be laid off.
AA had targeted about 14,000 job cuts as part of its bankruptcy restructuring (ATW Daily News, Feb. 2). It now expects 10,000 of that total to be achieved through “early-out” programs and new labor agreements reached with unions.
The large number of notices is required by federal law, AA noted. It expects “the ultimate impact on jobs will be far less than the number of those notified,” it said in an emailed statement.
