longing4piedmont
Veteran
- May 19, 2003
- 1,291
- 6
By RUSSELL GRANTHAM
The Atlanta Journal-Constitution
Published on: 02/21/07
US Airways handed Delta Air Lines an unexpected gift when it launched a surprise takeover bid three months ago. After years of morale-sapping cutbacks, Delta had a common enemy that united and revved up the work force.
The challenge for Delta will be keeping up the momentum now that the takeover battle is won.
AJC Link
I posted this in the US forum as opposed to the DL forum for several reasons and do not want to rub this in any ones face again. 1. It does show the uniting force that the failed merger attempt had on the DL employees. 2. If you read the entire article it shows the difference between the management styles of the two management teams.
I was invited along with about 50 other customers to attend the Velvet Rope Tour. I can tell you that it was effective with the front line employees and I could tell the difference in those who had gone through the program and those who had not when I flew.
Some of the more interesting quotes...
The 74-year-old Grinstein's sage presence also helped, according to some. Grinstein set the tone by taking a big pay cut after he stepped in as CEO in 2004. The longtime board member stepped in after Leo Mullin left in the wake of the bonus/pension controversy, which erupted after the airline spent tens of millions on the perks despite huge losses and job cuts. Grinstein also showed the door to most of the executives involved.
and
Delta management convinced a key committee of the airline's creditors that it needed to spread the stock and other compensation among a bigger pool of managers and rank-and-file employees.
The Atlanta Journal-Constitution
Published on: 02/21/07
US Airways handed Delta Air Lines an unexpected gift when it launched a surprise takeover bid three months ago. After years of morale-sapping cutbacks, Delta had a common enemy that united and revved up the work force.
The challenge for Delta will be keeping up the momentum now that the takeover battle is won.
AJC Link
I posted this in the US forum as opposed to the DL forum for several reasons and do not want to rub this in any ones face again. 1. It does show the uniting force that the failed merger attempt had on the DL employees. 2. If you read the entire article it shows the difference between the management styles of the two management teams.
I was invited along with about 50 other customers to attend the Velvet Rope Tour. I can tell you that it was effective with the front line employees and I could tell the difference in those who had gone through the program and those who had not when I flew.
Some of the more interesting quotes...
The 74-year-old Grinstein's sage presence also helped, according to some. Grinstein set the tone by taking a big pay cut after he stepped in as CEO in 2004. The longtime board member stepped in after Leo Mullin left in the wake of the bonus/pension controversy, which erupted after the airline spent tens of millions on the perks despite huge losses and job cuts. Grinstein also showed the door to most of the executives involved.
and
Delta management convinced a key committee of the airline's creditors that it needed to spread the stock and other compensation among a bigger pool of managers and rank-and-file employees.
