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American Wants To Slash 13,000 Jobs


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About 400 pilots are affected by sweeping layoffs proposed by American Airlines as it tries to emerge from bankruptcy. In a plan unveiled Wednesday, the airline announced it will lay off 13,000 employees, about 15 percent of its workforce, cancel unprofitable routes and retire old inefficient aircraft. "We are going to use the restructuring process to make the necessary changes to meet our challenges head-on and capitalize fully on the solid foundation we've put in place," CEO Thomas Horton said in a letter to employees. The employees have a different take.

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