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American to Cut 7K Jobs

Massive layoffs planned in response to rising fuel costs

By Green Point,  Newser User

Posted Jul 3, 2008 10:56 AM CDT

(Newser) – American Airlines plans to cut as many as 900 flight attendants from its ranks next month as part of nearly 7,000 expected layoffs this year, reports the Dallas Morning News. The job cuts, intended to counter rising fuel expenses, mirror an intended 8% reduction...   Read full story »

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