Delta Air Lines is making corporate job cuts in order to reduce costs amid rising expenses in the industry. The company stated that adjustments to programs, budgets, and organizational structures are necessary to meet their goals. Delta emphasized that these decisions are made with care and respect for the affected employees and the Delta family.
While the exact number of job cuts was not specified, a company spokesperson described them as a “small adjustment” to corporate and management positions. However, frontline workers such as pilots, flight attendants, and mechanics will not be affected by these cuts.
Despite the job cuts, Delta has reported strong travel demand, which has helped the company offset its increased costs. In the third quarter, Delta posted a profit of $1.1 billion, a significant increase from the previous year. However, higher expenses have impacted the company’s bottom line.
Delta’s Chief Financial Officer, Dan Janki, expressed optimism about the future, stating that growth is expected to normalize next year, and operational reliability will continue to improve. This will allow the airline to optimize its operations and reduce inefficiencies that occurred during the rebuilding process.
During the later stages of the pandemic, Delta and other carriers hired thousands of workers as travel demand rebounded. Delta currently employs approximately 100,000 people, up from 83,000 at the end of 2021. The airline had previously encouraged employees to take voluntary buyouts when demand was low during the pandemic.
As airlines have increased capacity while demand has moderated, airfare has decreased compared to last year. Some carriers, including Southwest, are now considering slowing their capacity growth as bookings return to more traditional patterns.
In conclusion, Delta Air Lines is making corporate job cuts as part of its cost-cutting efforts amid rising industry expenses. The company is focused on optimizing operations and ensuring operational reliability while managing the impact of higher costs.
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