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US Airways to Cut Hundreds of Jobs and Benefits of Executives and Retirees
The Washington Post; subscription may be required 
Oct. 5, 2004 "US Airways Group Inc. plans to eliminate 'hundreds' of management and nonunion jobs and cut top executives' pay by between 5 and 10 percent, ... The carrier also is reducing the number of paid holiday days for executives by 20 percent and replacing sick and vacation leave with a paid time off system based on seniority. In addition, the airline is slashing its contribution to the managers' retirement plan to 3 percent from as much as 13 percent[.]" MORE >> |
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