700UW said:
WN and CO, did not layoff ONE single employee after 9/11.
CAL did layoff employees You are incorrect. There were thousands who took vol furloughs and attrition . Get your facts straight. MY Family works for CAL !!!!!!!!!!!! Sept. 26, 2001, 11:37AM
Continental layoffs shrink as employees take leaves
From staff and wire reports
Houston-based Continental Airlines said today about 1,000 employees will take voluntary leaves of absence that keep their benefits intact, lowering the number of projected layoffs.
The airline originally had estimated it would need to lay off around 12,000 employees in the wake of the four plane hijackings that left many Americans afraid to fly. Continental said last week that the ultimate number of people laid off may be around 10,500, depending on how many of the employees who received offers from Continental for leaves or early retirement accepted.
The Houston-based airline also said today it will spend more than $60 million to pay for severance packages and similar benefits and that employee profit sharing will not occur this year.
to take pay cuts.
Continental was one of several airlines to announce layoffs in the wake of the terrorist attacks and subsequent plunging ridership.
"This furlough was one of the most painful events we have had to experience," said Gordon Bethune, Continental's chairman and chief executive officer. "We believe that employees should always be treated with dignity and respect, especially when we are forced to make these tough decisions."
, Los Angeles and Newark, N.J.
Associated Press contributed to this report.