Japan Airlines (JAL) said on Tuesday that it would slash 6,800 jobs and pursue a tie-up with a foreign carrier in a bid to return to profit in the face of severe turbulence unleashed by the global recession.
Source: AFP
Japan Airlines Corp, restructuring under state supervision, is likely to tap financial institutions for around 170 billion yen in additional loans while considering cutting more than 1,000 jobs through an early retirement program after October, sources familiar with the matter said Wednesday.
Source: JapanToday
(UK) Network Rail is planning to cut hundreds more jobs over and above the 1,800 planned cuts it announced at the end of last month.
The network now plans to cut a total of 2,549 jobs. But it said the additional losses included sub-contractors, and did not constitute permanent jobs.
Source: BBC
Air France said Friday it was about to launch a voluntary redundancy scheme to shed 1,500 jobs due to a decline in both passenger and cargo business.
Source: Asia One
Midwest Airlines Inc. is laying off 59 more flight crew members as the Oak Creek-based carrier continues to replace Boeing 717 jets with jets operated by Midwest’s new owner, Republic Airways Holdings Inc.
Source: JSOnline
BAE systems said Wednesday that it is laying off 360 employees out of about 1,800 at its Coleman Avenue operation in Santa Clara — 20 percent of the workforce. The reduction is due to the Army’s cancellation of the Future Combat Systems Manned Ground Vehicle program, the company said.
Source: MercuryNews
Flag carrier Philippine Airlines (PAL) may slash more than a third of its 8,000-strong workforce and outsource parts of the business to cope with a sharp decline in travel demand, its president said on Thursday.
Source: Reuters
Bay Shipbuilding Co. plans to lay off 405 employees, with additional job cuts possible due to current business conditions.
The layoffs are expected to begin by Oct. 30, according to a mass layoff notice filed Aug. 25 with the Wisconsin Department of Workforce Development.
(Canada, N.S.): Only weeks after landing a lucrative contract to build components for the military’s new fleet of helicopters, IMP Aerospace Components is laying off 10 per cent of its workforce.
The Amherst, N.S., company informed the union this week of its plan to cut 30 employees.
Source: TheTruroDailyNews
For the first time in decades, General Electric is adding new operations at two of its manufacturing hubs, underlining what the company says is a new commitment to producing in the United States.
G.E. is building a 350-employee plant in Schenectady, N.Y., to make high-density batteries that will turn many locomotives into diesel-electric hybrids.
Source: CNBC, TheNewYorkTimes
~News submitted by upthecreek
Delta CEO Richard Anderson said late Thursday in a recorded message to employees that the airline would eliminate salaried jobs beyond the 2,000 management and administrative positions eliminated through voluntary buyouts over the past 18 months.
A long-promised commuter rail project linking New Bedford and Fall River to Boston would create up to 3,800 permanent jobs by the year 2030 and generate nearly $500 million in economic activity, according to a new study.
Source: CNBC, AP
~News submitted by upthecreek
The U.S. Postal Service is considering ways to save money on mail delivery as Americans send less mail and the service loses more money. Among the options under consideration are reducing post office hours, closing some post offices, consolidating processing centers and ending Saturday delivery.
Source: CNN
The Los Angeles Times will deliver the Orange County Register to homes and vending machines beginning in September, the two newspapers said Wednesday.
55 full-time and 143 part-time Register circulation and distribution workers would be laid off, and 721 independent contractors who deliver the Register would be affected.
Source: LATimes
~News submitted by upthecreek
Russia: About 27,700 workers of AutoVAZ will be laid off by the end of the year as the automaker continues to downsize, russian news agency InterFax.ru reports today.
About 1,700 jobs are to be cut at Continental Airlines Inc., which on Tuesday reported an increased second-quarter loss.
Source: Pacific Business News (Honolulu)
A small number of Delta Air Lines Inc. pilots — just 215 — have agreed to retire as part of a company incentive program designed to reduce the number of pilots to cut costs. Of 12,379 pilots at Delta, some 9,400 were eligible to participate.
Source: CNBC, AP
~News submitted by upthecreek
US Airways Group Inc., the smallest full-fare U.S. carrier, will eliminate 600 airport service and baggage-handling jobs to pare costs after the peak summer travel season ends in September.
Source: Bloomberg
United Airlines said Monday that it plans to cut 600 additional flight attendant jobs, effective Aug. 31, as the carrier struggles with lower-than-anticipated attrition and a steep drop in air travel.
Cuts are in addition to the 1,550 flight attendant positions that United eliminated last year.
Source: Chicago Tribune
Finnish national carrier Finnair Oyj will this week start talks with staff over cost saving plans which could include up to 1,200 job cuts, the company said on Wednesday.
Like other airlines, Finnair has been hit hard in the recession as people fly less. The company has cut capacity and jobs as a result, saying in late April over 6,000 staff were affected by temporary lay-offs alone.
Source: Reuters
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