From the CWA website 10/4/05
Buyout / Early Out - We proposed that another early out or buyout be offered prior to any downsizing that may take place in the merged airline. We pointed out that Southwest successfully maintains a competitive seniority level while providing periodic buyout and enhanced retirement opportunities for employees. We proposed that when the airline is facing a downsizing situation (as they are now), that it be handled first through buyout offers. Management said they will consider and discuss proposals about this, but made no further commitments. We'll put together a proposal.
Buyout / Early Out - We proposed that another early out or buyout be offered prior to any downsizing that may take place in the merged airline. We pointed out that Southwest successfully maintains a competitive seniority level while providing periodic buyout and enhanced retirement opportunities for employees. We proposed that when the airline is facing a downsizing situation (as they are now), that it be handled first through buyout offers. Management said they will consider and discuss proposals about this, but made no further commitments. We'll put together a proposal.