Delta to Offer Voluntary Severance Payouts to 30,000 Workers

By: AP Email
By: AP Email

Atlanta (AP) Delta Airlines says it plans to offer voluntary severance payouts to roughly 30,000 employees, or more than half its work force.

The Atlanta-based carrier wants to trim its domestic capacity by an extra 5 percent this year as part of an overhaul of its business plan to deal with soaring fuel prices.

In a memo to workers, executives say the airline's goal is to cut 2,000 frontline, administrative and management jobs through the voluntary program, attrition and other initiatives.

A spokeswoman says that if more workers than that agree to take severance, that will be allowed.

Oil prices recently topped $111 a barrel, well above year-ago levels.

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