Business Paper
Source of Current Reading Article
The Wall Street Journal, September 27, 2001, pgA8
Delta Joins Major Carrier in Cost Cuts, With Plans to Lay Off 16% of Work Force
Summary
Delta Airlines feels that they need to lay workers off because of the drastic decline in sales. Delta is offering six voluntary programs, one to five year leaves, an early retirement plans, and a voluntary severance package that provide as much as 20 weeks’ pay and other benefits. Delta
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bad. Delta employees have families to support and bill to pay just like the next person. There are some laws protecting employees from lay offs like unions. Everyone does not join unions because they feel they are a waste of money, but who would have though terrorist would hit the airlines industry. There needs to be some kind of compromise between the business side and the ethical side to come to some kind of resolution.
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