American Airlines worker reveals why he's taking buyout before layoffs - Business Insider

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An American Airlines worker reveals why he's giving up his dream job — and his paycheck — to take a buyout

With layoffs looming across the US airline industry, carriers are trying to avoid forced job cuts by offering employees incentives to leave voluntarily.announced voluntary buyout offers for some employees.

Whether to accept the buyouts or not can be a difficult choice for workers for whom it's not easy to determine whether they'll be targeted by layoffs. American and United have both said they expect to lay off around 30% of administrative and management workers, while Delta has not publicly stated a number.For many airline workers, their job is just that: a job. You go in, do your day's duties, and head back home.

In his current role, John is considered a manager, rather than a frontline unionized employee. He's loved virtually every aspect of his job, but recent months have been hard. Despite some moments of optimism from American Airlines CEO Doug Parker and president Robert Isom, the airline said last week that it would need to downsize its management and support staff by 30% to survive the crisis.

Those employees will also continue to get flight benefits for five years, and will get 250,000 frequent-flyer miles. Employees who take their chances and are laid off will not receive severance, will be eligible for COBRA at full rates, and get one year of continued flight benefits.

 

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