CB777
Topic Author
Posts: 1135
Joined: Wed Sep 08, 1999 8:13 am

CO Will Layoff More Employees

Tue Jan 08, 2002 11:03 am

A coworker of mine told me that, Continental will layoff more people. Does anyone have any information on that, I thought CO was making money now. I find it weird because they brought back alot of people, and now they will lay them off again sounds strange. I think it might just be a rumor, has anyone one else heard this?


Thanks
CB777
 
747firstclass
Posts: 821
Joined: Tue Mar 28, 2000 2:45 pm

RE: CO Will Layoff More Employees

Tue Jan 08, 2002 1:13 pm

My cousin works for CO. He too has heard this rumor. However there are those that think this rumor is being deliberately started. As you know BA/AA are seeking anti-trust immunity. The other US airlines are adamant that there be totally fre and clear openskies between the US and UK. The other airlines are using the threat of more layoffs to secure complete and total openskies. ITs pressure that is being put on Bush and co. The readoning being that if the airlines dont get it, they will have layoffs as they will not be able to compete on equal footing.So that may be the story behind all this. Hope it helps.