Business Services Industry
American offers incentives for workers who leave voluntarily.
Knight Ridder/Tribune Business News, December, 2004
By Trebor Banstetter, Fort Worth Star-Telegram, Texas Knight Ridder/Tribune Business News
Dec. 3--FORT WORTH, Texas -- American Airlines is hoping to slow the pace of layoffs by offering benefits to some employees who choose to leave.
The struggling Fort Worth carrier has announced that it will cut 1,100 jobs in its latest layoffs, and executives recently warned that more cuts are likely in the coming months.
Incentives being offered to employees who choose to leave will likely be most attractive to employees who are already considering moving on, said Sonja Whitemon, a spokeswoman.
"I would think the type of person who would take it is someone who is ready to leave the industry and maybe make a change in their lives," she...
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