- Station Info
- Featured on 4
Wednesday, February 1, 2012 - 5:17pm
American Airlines has announced plans to cut thousands of jobs.
The nation's third largest airline company said it's cutting 12,000-14,000 jobs out of its current workforce. It also hopes to reduce labor costs by 20 percent.
American Airlines recently filed for bankruptcy in November after losing almost $900 million in the first nine months of 2011, and an additional $900 million in December.