United Is Expected to Ask Its Employees for Cuts in Wages
Still losing money, and desperate to cut costs, United Airlines announced yesterday that it is going to be asking all of its employees to make concessions to help the company survive the post-September 11 slump in air traffic. The announcement came at a Federal Mediation and Conciliation Service meeting with the International Association of Machinists, with whom the airline is currently negotiating over a contract. United's IAM represented employees---who have not seen a raise since 1994---are seeking wages that would put them on an equal footing with other employees, but United says that it cannot afford the twenty-one percent raise that this would entail.
See "United Is Expected to Ask Its Employees for Cuts in Wages", LAURENCE ZUCKERMAN, The New York Times, November 29, 2001