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Comair Lays Off 2,000 Employees  
User currently offlineBoeing757/767 From United States of America, joined Jun 1999, 2282 posts, RR: 1
Posted (13 years 7 months 4 weeks 20 hours ago) and read 1221 times:

The pilot strike has taken an additional toll. Anyone here affected?

SOURCE: Comair
Comair Announces Employee Layoffs; 2,000 Positions Affected
CINCINNATI, April 27 /PRNewswire/ -- Comair announced today that the duration of the strike by its pilot group has forced it to move forward with layoffs of its valued employees. Approximately 2,000 positions will be affected in all departments, based on current operational demands.

The last day of work for affected employees will be May 13, 2001. During the layoff, pay, health and travel benefits will be suspended. Supervisors and managers began notifying affected employees today. Presently, there are approximately 4,000 non-striking employees. Half of those individuals will be affected by these layoffs.

``Unfortunately, with no revenue coming in for 33 days now, the economic reality has set in and we are forced to take these regrettable, but necessary steps,'' said Randy Rademacher, president of Comair. ``We have been able to pay our people in full with benefits for seven weeks. That's unprecedented for a company of our size, but we simply could not sustain it any longer.''

Comair will make state employment representatives available to all affected employees. Comair employees will be called back to work as an operational need for their position again exists.

``I want to extend my sincere thanks to Comair employees for their years of service to this airline, in particular their hard work and support during this situation,'' Rademacher said. ``The people our employees have touched through recent community service projects are raving about their hard work. We already know how great all of our people are, and when this is all over we hope to see each and every one of them again as we rebuild our airline together.''




Free-thinking, left-leaning secularist
1 replies: All unread, jump to last
 
User currently offlineDCA-ROCguy From United States of America, joined Apr 2000, 4528 posts, RR: 34
Reply 1, posted (13 years 7 months 4 weeks 17 hours ago) and read 1172 times:

This move isn't surprising.....money's not coming in, so the airline can't pay it out anymore. Simple economics. Anyone hear anything about the negotiations that re-started yesterday?

The cost of the pilots' thumbing their noses at a 40 percent raise and retirement benefits, keeps climbing.

Jim



Need a new airline paint scheme? Better call Saul! (Bass that is)
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