Continental Airlines Inc., which is shedding 3,000 jobs in a cost-cutting move, is offering employees a year's worth of health insurance and travel perks if they leave on their own.
The pilots' union is pushing for job-sharing and other measures that would reduce the need for layoffs, a union official said Friday.
"We are offering all of our work groups voluntary plans to reduce the number of involuntary furloughs and terminations that will be required due to capacity cuts," said Continental spokeswoman Mary Clark.
Continental has made an umbrella offer to all labor groups that includes the health benefits and free travel privileges for employees and their families until 2023.
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The pilots' union is pushing for job-sharing and other measures that would reduce the need for layoffs, a union official said Friday.
"We are offering all of our work groups voluntary plans to reduce the number of involuntary furloughs and terminations that will be required due to capacity cuts," said Continental spokeswoman Mary Clark.
Continental has made an umbrella offer to all labor groups that includes the health benefits and free travel privileges for employees and their families until 2023.
story here