Delta offering voluntary retirement to 30,000 employees

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Delta Air Lines said Tuesday it will offer voluntary severance payouts to roughly 30,000 employees - more than half its work force - ... as part of an overhaul of its business plan to deal with soaring fuel prices.

Executives at Atlanta-based Delta said in a memo to employees that the airline's goal is to cut 2,000 frontline, administrative and management jobs through the voluntary program, attrition and other initiatives.

A spokeswoman says that if more than that amount agree to take the voluntary severance, it will be allowed. The severance program primarily affects mainline Delta employees. It will not affect Delta pilots, who have a union contract with the company, and employees at Delta regional carrier Comair, which is based in Erlanger, Ky.

Delta had 55,044 total full-time employees as of the end of last year.

http://money.cnn.com/2008/03/18/news/compa...dex.htm?cnn=yes