the news is that American Airlines will be laying off about 900
more employees, the result of shutting down two of its remaining
ten reservations offices. American's reservations employees in Las
Vegas (NV) and Norfolk (VA) are expecting their walking papers
shortly, as the world's largest airline reduces overhead. Some 550
of the cuts are from the Virginia office.
As American runs into problems similar to United's (trying to
get unions to move quickly to reduce their members' pay), it has to
simply eliminate jobs wherever it can. The airline's official
stance was that this reduction is "a last resort."
"A last resort" -- instead of what? American isn't saying,
directly; but we must suppose it's instead of a Chapter 11