United Airlines says it´s cutting 1,250 jobs and closing three reservation centers, two in California. It blames the weak revenue environment and says it hopes to save about 100 million dollars annually. United says it´s closing reservation centers in San Francisco, Long Beach and Indianapolis on January fourth.
A total of 686 employees will be laid off at those offices.
Today´s announcement comes just three days after United posted an 889 million dollar third-quarter loss and said its operations have been losing about seven million dollars a day.
United´s new chairman, Glenn Tilton, says the cuts alone won´t be enough to save the airline from bankruptcy. He insists he´s still counting on unions to agree to more cutbacks.
This post was last modified on 01/31/2009 5:34 pm