Money United Airlines to cut some management positions

11:45  12 january  2017
11:45  12 january  2017 Source:   Reuters

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NEW YORK – United Continental Holdings Inc. expects to cut some management employees as a part of its larger restructuring program. "While we don’t have an exact figure now, a small number of our management team will be affected by reductions," said Mike Bonds, executive vice president of human resources, in a letter to employees last week. However, frontline employees, which include pilots, flight attendants, customer-service and gate agents, would not be affected by the impending changes, according to the letter, parts of which the company provided to Reuters.

United Continental Holdings Inc expects to cut some management employees as a part of its larger restructuring program. "While we don’t have an exact figure now, a small number of our management team will be affected by reductions," said spokeswoman Megan McCarthy in a statement. However, frontline employees, which include pilots, flight attendants, customer-service and gate agents, would not be affected by the impending changes, she said. The No.3 U.S. airline by passenger traffic is increasing efforts to match margins of No.2 Delta Air Lines Inc .

A United Airlines 787 taxis as a United Airlines 767 lands at San Francisco International Airport, San Francisco© REUTERS/Louis Nastro/File Photo A United Airlines 787 taxis as a United Airlines 767 lands at San Francisco International Airport, San Francisco

United Continental Holdings Inc (UAL.N) expects to cut some management employees as a part of its larger restructuring program.

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(Reuters) - United Continental Holdings Inc (N:UAL) expects to cut some management employees as a part of its larger restructuring program. "While we don’t have an exact figure now, a small number of our management team will be affected by reductions," said spokeswoman Megan McCarthy in a statement. Bloomberg earlier reported the staffing cuts . (This story has been refiled to correct attribution in paragraphs 2-3 to spokeswoman from memo.) United Airlines to cut some management positions .

United Continental Holdings Inc (UAL.N) expects to cut some management employees as a part of its larger restructuring program. The No.3 U.S. airline by passenger traffic is increasing efforts to match margins of No.2 Delta Air Lines Inc (DAL.N). United said in October cheap airfares and higher wages from new contracts would squeeze its results in the fall, making it difficult to be as profitable as competitors.

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"While we don’t have an exact figure now, a small number of our management team will be affected by reductions," said Mike Bonds, executive vice president of human resources, in a letter to employees last week.

However, frontline employees, which include pilots, flight attendants, customer-service and gate agents, would not be affected by the impending changes, according to the letter, parts of which the company provided to Reuters.

The No.3 U.S. airline by passenger traffic is increasing efforts to match margins of No.2 Delta Air Lines Inc (DAL.N).

United said in October cheap airfares and higher wages from new contracts would squeeze its results in the fall, making it difficult to be as profitable as competitors.

Bloomberg first reported the staffing cuts.

(Reporting by Vishaka George in Bengaluru and Jeffrey Dastin in New York; Editing by Lisa Shumaker)

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