Source of Current Reading Article
The Wall Street Journal, September 27, 2001, pgA8
Delta Joins Major Carrier in Cost Cuts, With Plans to Lay Off 16% of Work Force
Delta Airlines feels that they need to lay workers off because of the drastic decline in sales. Delta is offering six voluntary programs, one to five year leaves, an early retirement plans, and a voluntary severance package that provide as much as 20 weeks? pay and other benefits. Delta is cutting many of their flights trans-Atlantic routes which they think would likely be hit harder due to the U.S. strikes back at terrorists. After the attack Delta is averaging a passenger load of about 140,000, compared with 300,000 the day before it. Delta is not the only airline choosing the route of laying employees off, Continental Airlines, and Northwest Airlines
I feel that this Delta airlines issue is a business ethical situation.
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