American Airlines joins a wave of industry-wide cost cuts, trimming mid-management and support staff.(Bloomberg)
American Airlines is preparing to reduce its workforce at its Fort Worth headquarters located in Texas. The airline’s decision involves cutting hundreds of jobs within the company. This move comes directly after American Airlines reported a financial loss in the third quarter. The job reductions are a response to the recent financial performance experienced by the company.
Key Points
* Hundreds of jobs to be cut.
* Decision follows a Q3 loss.
Read the Complete Article.
Boutique Travel VC raises investment cap from $1.5M to $10M to lead rounds and support portfolio companies through growth Travel...
Read moreDetails
Oslo, Norway — 2010 In short: Canadian student Christopher Mitchell launched a blog to document his year-long study abroad journey...
Read moreDetails
