The country’s third largest airlines just dropped a bomb. American Airlines wants to eliminate 15% of its workforce or 13,000 jobs. American’s parent company AMR Corp. says the move will cut labor costs by 20% and help the carrier currently under bankruptcy protection get back above ground.
When wondering how the cuts at American will affect the flying public Fox News came to Dr. Benjamin Ola. Akande, dean of the George Herbert Walker School of Business & Technology at Webster University.
Watch American Airlines Job Cuts.