cal to cut 1200 jobs

usfliboi

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Aug 20, 2002
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Continental to cut 1,200 jobs, seeks $500 mln cuts

By Jonathan Stempel

NEW YORK, March 19 (Reuters) - Continental Airlines Inc. (CAL.N), the No. 5 U.S. carrier, said on Wednesday it will cut 1,200 jobs by year end and is targeting $500 million of annual cost cuts as the threat of war and a weak economy convince more travelers not to fly.

The company said it would cut about 125 pilots, 500 reservation agents, 350 airport agents and 225 other employees by year end, or about 2.5 percent of its total work force. It said a U.S.-Iraq war that lasts more than a month might lead to further cost cuts.

http://biz.yahoo.com/rb/030319/airlines_co...tal_cuts_3.html
 
OP
usfliboi

usfliboi

Veteran
Aug 20, 2002
2,070
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Any news on what offices will close or leases if any will be broken? Where are the 200 or so "other" coming from .?
 

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