United Continental Holdings Inc (UAL.N) expects to cut some management workers as part of its bigger restructuring program.
“Whereas we don’t have an actual determine now, a small variety of our management crew might be affected by reductions,” mentioned Mike Bonds, government vp of human sources, in a letter to workers final week.
Nonetheless, frontline workers, which embody pilots, flight attendants, customer-service and gate brokers, wouldn’t be affected by the approaching modifications, in accordance to the letter, components of which the corporate offered to Reuters.
The No.three U.S. airline by passenger site visitors is rising efforts to match margins of No.2 Delta Air Strains Inc (DAL.N).
United mentioned in October low-cost airfares and better wages from new contracts would squeeze its leads to the autumn, making it tough to be as worthwhile as opponents.
Bloomberg first reported the staffing cuts.
(Reporting by Vishaka George in Bengaluru and Jeffrey Dastin in New York; Enhancing by Lisa Shumaker)
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