FORT WORTH – The Transport Workers Union presented plans to American Airlines management today that provide a blueprint for voluntary early out/separation as a way to avoid draconian, involuntary layoffs, while saving money for the company. On February 1, 2012, AMR management announced that it planned to reduce the company’s workforce by 9,000 from TWU-represented work…
Day: February 15, 2012
TWU Negotiators Propose Early Out Package to AMR
Today, the TWU representing all work groups drafted a serious cost savings proposal for the company. The committee has proposed an early out package for all eligible employees in an immediate cost savings benefit for AMR. Eligibility for the package would include: Plan A: Retirement eligible • 10 years of service and age 55…
ATD Today February 15, 2012
Labor Union to Suggest Alternatives to AMR Cost Cuts (Reuters) – The union representing seven categories of ground workers at bankrupt American Airlines will offer alternatives to some of the job cuts and concessions the company says it needs to survive, the head of the Transport Workers Union said on Tuesday.TWU has asked American’s parent…