Copyright timesnownews
American Airlines said that it will cut a small number of management and support roles, mostly at its Fort Worth, Texas headquarters, as part of efforts to better align its workforce with current business needs. The airline described the move as part of a strategy to “optimize performance” and “increase efficiency” across the organization. In a statement, American Airlines said the job reductions would help the company become more efficient and better positioned for long-term success. The airline did not reveal the exact number of positions affected. What American Airlines Officials Said A spokesperson told The Dallas Morning News that the job cuts are meant to be “right-size for the work we do today.” Matt Miller, another company representative, said the affected roles are primarily based at the company’s headquarters in Fort Worth. “We remain focused on continuing to invest in areas that support American’s long-term business objectives,” Miller said. “These targeted investments will be made thoughtfully to position our airline for continued success,” he added. Goals Of American Airlines The decision comes at a time when the airline industry is adjusting to changing travel demand. After the pandemic, airlines, including American, hired aggressively to keep up with a sharp rise in passenger traffic. However, that demand has slowed in recent months due to economic uncertainty, leading major US carriers to reduce flight schedules and lower their profit forecasts for the year. American Airlines’ move follows similar announcements by other major carriers. In September, Lufthansa Group said it plans to cut 4,000 jobs by 2030, most of them in Germany. Earlier this year, Southwest Airlines announced a 15% reduction in its corporate workforce, marking its first major round of layoffs in more than five decades. Airlines Adjust To Changing Demand American Airlines operates its main hub at Dallas–Fort Worth International Airport (DFW), one of the largest and busiest airports in the country. The layoffs come as the company seeks to improve its financial performance and remain competitive with rivals Delta Air Lines and United Airlines. Despite reporting record third-quarter revenue of $13.7 billion last month, American Airlines still posted a net loss of $114 million, according to Dallas News. To strengthen profitability, the airline is investing in premium travel experiences, including new Flagship Suites for long-haul international flights, aimed at attracting higher-paying business travelers. (With inputs from AP) Get Latest News Live on Times Now along with Breaking News and Top Headlines from US News and around the World.
