PPRuNe Forums - View Single Post - Peaks and Troughs of the US Airline Industry
Old 30th Jun 2008, 04:38
  #9 (permalink)  
neville_nobody
 
Join Date: Jul 2003
Location: Somewhere
Posts: 3,074
Received 150 Likes on 66 Posts
Geoff Dixon mentioned the United redundancy recently on ABC radio as part of his doom and gloom message of the airline industry. What he and most of the media fail to mention is that the executives of United will gain from laying off workers. If they can meet cost saving measures they will pocket performance bonuses. It has been done before and may be done again. Fire a bunch of employees, pocket your bonus, then carry on.
neville_nobody is offline