tool name

close
tool goes here

United Airlines plans layoffs to reduce expenses

United Airlines is cutting about 600 jobs as it aims to keep costs in line with reductions in flying.

Published: Jan. 25, 2013 at 12:05 a.m. PST
0 comments

United Airlines is cutting about 600 jobs as it aims to keep costs in line with reductions in flying.

The airline says the job cuts will include buyouts and layoffs. Some open positions won’t be filled.

The cuts are spread around the company’s locations, although many are expected to happen in Chicago. That’s where United is based and where it has one of its biggest hubs at O’Hare International Airport. The positions being cut are in management and administration. The layoffs come as United reports a loss of $723 million for last year. It’s reducing flying this year, which is one reason for the layoffs. Spokeswoman Megan McCarthy says United cut four senior officers last month, out of about 50 at the company.

JOIN THE DISCUSSION | Register here

We welcome comments. Please keep them civil, short and to the point. ALL CAPS, spam, obscene, profane, abusive and off topic comments will be deleted. Repeat offenders will be blocked. Thanks for taking part — and abiding by these simple rules. A thorough explanation of rules of conduct can be found in our Terms of Service. If you have any questions, including why your comment may not be showing immediately after you submit it, be sure to visit the commenting FAQ.

CONTESTS

Similar stories

  • New board to oversee Trinidad's Caribbean Airlines

    Trinidad's finance minister has appointed a new interim board to oversee Caribbean Airlines after announcing that the state-owned company posted losses of more than $70 million.

  • Croatia Airlines goes on strike over pay cuts

    Croatia Airlines pilots and flight attendants went on strike Tuesday over planned salary cuts and layoffs that are part of efforts to restructure the loss-making state carrier ahead of the country's European Union entry.

  • Delta will pay dividend, buy back shares

    Delta Air Lines will start paying a quarterly dividend and buy back some of its shares - investor-friendly moves common in other industries but rare for airlines.

  • IAG, parent of BA, loses 630 million euros in 1Q

    International Airlines Group, which owns British Airways and Iberia, says it is still struggling to integrate the Spanish airline into its operations as it reported a deepening first-quarter net loss of 630 million euros ($827 million) compared to a 129 million euros loss last year.

  • Southwest to save by delaying delivery of planes

    Southwest Airlines Co. is delaying delivery of new airplanes and filling the gap with used planes to reduce spending over the next five years.