Ord From United States of America, joined Jul 1999, 1398 posts, RR: 1 Posted (12 years 3 weeks 5 days 20 hours ago) and read 2824 times:
Four US Airways executives resigned yesterday. This can't be a good sign. They are:
Jennifer McGarey, VP - Deputy General Counsel & Corporate Secretary (going to MCI)
Jeffery McDougle, VP - Fleet (going to Laidlaw International)
Daniel McDonald, VP - Planning & Scheduling (going to DHL)
P. Douglas McKeen, VP - Labor Relations & Benefits (going into lablr consulting)
Note: It's strange that all their last names begin with "Mc"
Ouboy79 From United States of America, joined Nov 2001, 4651 posts, RR: 21
Reply 11, posted (12 years 3 weeks 5 days 13 hours ago) and read 2109 times:
Oh where to start. Unfortunately no one here really knows what is going on.
US Airways previously had 3 VPs dedicated to labor relations...now it is down to 2. The other positions are all being consolidated to other VP positions. These moves are positive since Labor hated a few of them and US Airways was plagued with toooo many VPs for awhile. Fewer executives on payroll works for me. I would like to see another 10 VPs leave the company to get costs down, on the management side, even further.
This is a positive thing and one labor has been demanding for a long time.
Wn700driver From , joined Dec 1969, posts, RR:
Reply 18, posted (12 years 3 weeks 4 days 12 hours ago) and read 1641 times:
Not a bad thing per se, but not a good sign either. US has been circling the drain for a while now, & within that reality, I do not see those positions being replaced, but I do see more resignations in the near term.
I'll take the minority postion and say that I do not believe they are doomed just yet (In fact, I think they have about the same odds of survival or demise as UAL), but when that many Veeps start packing it up at once, well, I think the term "Corporate Metastatysation*" is a good analogy.
Best of luck to all you hard workers at US.
*For those who don't know much about cancer, or if my spelling is way off, Metastatysation is the process of cancerous tumors spreading from one organ or system to another. . . . . .usually a sign that the writing is on the wall for the patient in question.