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July 25, 2008 8:09:59 AM CDT


Stories related to: voluntary severance

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2 Stories

  • April 2008
    • Paid Off And Gagged, WSJ Honchos Betray Treasured Trust

      Paid Off And Gagged, WSJ Honchos Betray Treasured Trust

      More top Wall Street Journal execs have been spit out by the Murdoch machine, and the staff they leave behind is furious they’re leaving so quietly. Zipping their mouths was part of hefty severance packages, David Carr notes in the New York Times , and as the line evaporates between editorial standards and owner's whims, the protectors of journalistic independence are missing in action. More »

      Tags

      Rupert Murdoch   News Corp   Wall Street Journal   Marcus Brauchli   voluntary severance

  • March 2008
    • Delta Will Slash 2K Jobs

      Delta Will Slash 2K Jobs

      Battered by skyrocketing fuel prices, Delta Air Lines will eliminate 2,000 jobs to cut costs, the Atlanta Journal-Constitution reports. With oil prices driving the airline’s fuel expenditures $900 million higher than expected, the carrier will offer buyouts to some 30,000 employees, aiming to cut 1,300 flight attendant and agent positions in addition to 700 administrative jobs, mostly through voluntary severance and hiring freezes. More »

      Tags

      oil price   mergers and acquisitions   merger   fuel costs   Northwest Airlines   Delta Air Lines   pilot seniority   voluntary severance

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