Over 3,000 Delta employees take severance
Delta Air Lines Inc. is cutting at least 1,000 more jobs than it previously planned because the number of employees who accepted voluntary severance offers exceeded the company's goal. A spokeswoman for the Atlanta-based carrier, Betsy Talton, said Friday that more than 3,000 people took the package, and Delta will accept all of the volunteers. Delta said on March 18 that it would offer voluntary severance payouts to roughly 30,000 employees - more than half its work force - and cut U.S. capacity by an extra 5%. Executives said then that the airline's goal was to cut 2,000 frontline, administrative and management jobs through the severance program, attrition and other initiatives.
See "Over 3,000 Delta employees take severance", Associated Press, CNN Money, May 29, 2008