American Airlines Looks to Downsize With Executive Buyouts and Job Cuts
Skift Take
American probably does have too many executives for an airline of its size. And considering the stock is down, this is probably not a bad time to cull the ranks. If everything goes well, passengers will probably not notice any changes.
Nearly five years after closing its merger with US Airways, American Airlines plans to trim its corporate bureaucracy.
In a message Tuesday to employees, American CEO Doug Parker and President Robert Isom said the company has more executives than required since it has completed most of the difficult work of integrating the two airlines.
They said most cuts will come through job elimination and attrition, but noted some executives may lose their jobs. They also said executives who have been with Ameri