Unions Shocked By American Airlines Proposed Cuts

All Things Considered by Wade Goodwyn | Feb. 2, 2012 (News Report)

(Audio - streaming) American Airlines is looking to cut 13,00 jobs as part of a restructuring. The company — which is in bankruptcy — also wants to reduce salaries by 20 percent and end its pension plan. Full Story »

Posted by Dwight Rousu

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Subjects: World, U.S., Business
Topics: Poverty, Jobs, Wealth
Member Tags: class warfare
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# Tweets: 1 (as of 2012-02-02)
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Posted by: Posted by Dwight Rousu - Feb 2, 2012 - 11:51 AM PST
Reviewed by: Dwight Rousu (review)
Content Type: Audio - streaming
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Edited by: Dwight Rousu - Feb 2, 2012 - 11:52 AM PST

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Dwight Rousu
3.5
 by Dwight Rousu - Feb. 2, 2012

American Airlines is financially sound with fully financed pension funds. The are filing for "bankruptcy" as the most convenient way to attack their workers and abrogate their social contracts.

Dwight posted this story.
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