Topics regarding layoffs at American Airlines Group Inc.

Topics regarding layoffs at American Airlines Group Inc.

Let's Rip the Band-Aid Off

Better to get it over with and move on. The truth hurts but it also frees, so here it is. YOU AREN'T GETTING RECALLED. Not soon, not late, not ever. The world has changed, and some industries(yours)especially will never be the same again... — read more 

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| 2090 views | | 1 reply (October 11, 2020)
Post ID: @OP+17jYOByH

Is this business model doable for American Airlines?

Forbes suggests that a recipe for faster recovery and adjustment to a “new normalcy” is to look at the simplicity of smaller companies in every sense. I’m not really sure that’s doable in case of American Airlines. In case someone is interested... — read more 

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| 1690 views | | 1 reply (October 6, 2020)
Post ID: @OP+17i3kQA3

Life Happens Fast, Were You Ready?

There's a well known term used by professional investors called 'Recency Bias.' Recency Bias refers to the erroneous assumption by unsophisticated investors that what happened yesterday(Recently)will happen tomorrow. Most days, this... — read more 

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| 1530 views | | 1 reply (December 8, 2020)
Post ID: @OP+17hvH1HF

Don't wait to be laid off

I've started looking for a new job about a month ago and I finally managed to get something I'm happy enough with to leave this place. No, it's not in another airline (the situation is bad all around) and it's not even in this industry but it's a... — read more 

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| 1920 views | | no replies yet
Post ID: @OP+17cg0wdC

Asking for a BailOut? Please Bankrupt

Get a loan or Bankrupt Remember? Record executive Compensations Stock Buybacks Luggage surcharge Fuel surcharge What about a loan? Oh thats right they want free money,? Nothing is free... socialized debt in which you and me are... — read more 

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| 2210 views | | 3 replies (last October 11, 2020)
Post ID: @OP+171DSs5F

There is no going back to normal

Don't be naive and think that things will go back to normal any time soon. We are at least five years away from things going back to pre-pandemic levels, if even then! Things have changed too much. It will take a long time for people to fully relax... — read more 

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| 1840 views | | no replies yet
Post ID: @OP+16Tm5uiM

Taxpayers against the extension of stimulus package

Can't tell which is worse, the notice I received after 4 years in company or the heartless comments of people who are OK with 19k more people being unemployed. It is understood that small businesses are struggling as well but the lack of compassion... — read more 

THE LAY-OFFS HAVE STARTED

Its happening now, Congress and the Taxpayer have decided not to throw another $25,000,000,000.00 ( did I get enough zeros) to American Airlines to survive another 4-6 months. Mr. D. P. is going to have to live with the mess that he created after... — read more 

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| 2170 views | | 1 reply (September 28, 2020)
Post ID: @OP+16CzSB9O

name changed to Americawest?

2Q earnings (loss) announced this morning.. link to webcast is below. Listen in at the 3 minute mark.. sounds like Dougie Debt refers to AA as Americawest. I know its tough times but wow.. https://edge.media-server.com/mmc/p/p3r7yfzr

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| 1390 views | | no replies yet
Post ID: @OP+165f8vmE

Is there a single person who did not see this coming?

Top US airlines plan to cut thousands of workers when CARES Act ban on layoffs expires "American Airlines, which took about $4.1 billion in grants and nearly $6 billion in loans from the government, warned staff in a memo that about 25,000... — read more 

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| 1980 views | | no replies yet
Post ID: @OP+162jUOkP

american airlines layoffs yesterday

well, nobody is writting about layoffs that took place yesterday. people still live in hope that layoffs will be avoided. in fact, they are laready happening - ask around and dont' be sheep.

With new cares loan

The borrowers will have to keep employment levels and restrict employee compensation, dividends and share repurchases to qualify for the CARES Act loans.

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| 1260 views | | no replies yet
Post ID: @OP+15MEAVxl

It will be worse than we expect

I guarantee you, the moment bailout stipulations expire we'll be seeing much bigger layoffs than it was announced. And many more departments will be affected, not just management and support services. Even if the pandemic is subsiding, it will... — read more 

IT Group Layoffs

Who is affected and where do you see us in 6 mo from now? How about 1 year?

Who else is accepting VEOP for the same reason?

"The layoffs are inevitable, I have relatively low seniority," he said. "It's a huge gamble between separating with some continued pay or really solid travel benefits, or getting laid off with no severance." Among the people I know, a lot have... — read more 

AAL laying off 30% M&A staff

Thoughts? Would you/are you taking the offer? 1/3 pay through the year is a pretty good deal all considered if you find another job during the year. I bet M&A staff can find other roles with transferable skills.

Some positive news

Laid-Off Flight Attendants Find New Work Fighting COVID-19 https://www.npr.org/sections/coronavirus-live-updates/2020/04/03/827011245/laid-off-flight-attendants-find-new-work-fighting-covid-19

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| 1140 views | | no replies yet
Post ID: @OP+14GFvSMV

Why are people so scared?

Planes are essential to human existence. No matter how scared or how broke people are, they will find a way to fly when they have to - and that is often. Yes, right now the situation doesn't look that good, but anybody who has been through a... — read more 

American Airlines Layoffs 2020

I was working as contractor in IT department and they ended my assignment. Based on my vendor information they laid off 50% of contractor to stop losses. Hopefully the worst is over for AA

For the hourly employees: ZERO HOURS SCHEDULE

Soruce below. This may be helpful for hourly employees ata tare being put on ZERO HOUR SCHEDULES: Restaurants, hotels, and other companies across the US are laying off workers or severely cutting hours as the coronavirus pandemic cripples... — read more 

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| 1610 views | | no replies yet
Post ID: @OP+149gh3AU

Why not let us work from home???

Every other airline from what I can see has allowed its HQ employees to work from home - what the hell is wrong with American Airlines to keep denying us? They will suspend service in plains to protects flight attendants but who cares about us... — read more 

Temporary leaves of absence

If the government loans are approved no furloughs through August 2020 are a provision. AA is currently offering temporary leaves of absence for 1, 3, 6 and 12 months at a reduced pay rate with continued insurance coverage to reduce current... — read more 

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| 1574 views | | no replies yet
Post ID: @OP+147hNrS5

Options

I didn't anticipate a 47% drop as posted in Bloomberg channel's report of the NYSE, and will not be indicative of quarterly earnings because AA just notified the press that their pilots age 62+ will be given 3 years Service credit to allow them to be... — read more 

Good news?

I just read American Airlines has secured a $1B credit line to deal with the current COVID-19 outbreak. Does this mean we can breathe a little easier in regards to... — read more 

Next Steps

Cutting international capacity by 10% Cutting domestic @ 7.5% sometimes in April Cutting payroll, hopefully only temp My Take: They should go deeper on both dom and intl

by
| 1052 views | | 1 reply (March 16, 2020)
Post ID: @OP+13UDaoa9

More suspended flights

The suspension of China and Hong Kong flights has been extended through April 24. I think more countries will be added to this list as the virus spreads. Even the most optimistic among us should know by now that it's only a matter of time before we... — read more 

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| 1073 views | | no replies yet
Post ID: @OP+13TuNMZp

FLIGHT ATTENDANT BUYOUT FY2020-2021

Anticipating a 20% or more loss of revenue/profit caused by Coronavirus closing routes and Boeing aircraft grounded, not receiving FAA AIRWORTHINESS certification anytime soon, cost savings from voluntary buyouts for flight attendants with 15 years... — read more 

So tired of this place

When did American Airlines become a place where the only way to be promoted is to know somebody or be related to the right person? Oh, right, there is also the kiss-a– option. What happened to being promoted based on merit? On what you know and how... — read more 

Union

The iam union is a joke had 7.5 years with usairways and based out of Charlotte nc union said my was saved 5 years ago and then laid off as a ramp agent basket fairbanks represent pit crew and the drunks the leads do not count the agents do the... — read more 

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| 1114 views | | 1 reply (January 30, 2020)
Post ID: @OP+13djy66n

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