On AviationCrossing
The world's biggest air carrier, Delta Air Lines, will offer voluntary severance payouts to most of the its 75,000 mainline operations employees.
The voluntary severance payouts are part of a larger plan to eliminate an undisclosed number of jobs, executives said in a memo to employees.
The executives said the cuts are necessary because Delta will be reducing system wide capacity in 2009 by six to eight percent due to the weak economy's erosion of demand for airplane seats.
Although Delta did not say how many jobs it would like to cut, it said its goal is to achieve needed reductions through attrition, limited hiring, and voluntary severance programs.
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